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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. market, the company’s recent release of a city EV with a price tag under $10,000 has some worried for when it and other low-cost companies do. While BYD said just last month that it has no plans to enter the U.S. BYD last year sold 1.57

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BYD EV sales grew nearly 50% in January as exports reached a new high

Baua Electric

After topping Tesla in the final three months of 2023, BYD is starting the year off strong with EV sales rising another 50% in January. BYD EV sales momentum continues in January BYD sold 105,304 fully electric cars last month, up 48% from the 71,338 handed over last year. FTC: We use income earning auto affiliate links.

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Tesla Model Y becomes top-selling car in Iceland and Australia

Teslarati

The Tesla Model Y has become a top-selling car in Iceland and Australia. The Tesla Model Y became the best-selling car within the first 6 months of 2023. The Tesla Model Y became the best-selling car within the first 6 months of 2023. of the auto market’s June sales. In Australia, 11,042 BEVs were sold last month.

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BYD Auto To Begin Sales of F3DM Plug-in to Individuals

Green Car Congress

BYD Auto says it will place its F3DM dual-mode plug-in electric vehicle ( earlier post ) on sale to individual buyers on 29 March, with the first sales location to be Shenzhen, Guangdong Province. BYD has sold more than 100 units to governments, banks and other institutions since it entered the market at the end of 2008.

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Tesla slashes prices across Europe on Model Y

Baua Electric

The 2024 Model Y (Source: Tesla) Tesla has slashed the prices of its Model Y across Europe this morning, after it reduced prices of its Model 3 and Model Y prices in China to undercut BYD, according to CNBC. But compared to BYD’s drastic 15% cuts, Tesla is taking a more measured approach. However, Tesla lost its No.

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BYD Picks Los Angeles for US Headquarters

Green Car Congress

BYD Company Limited, one of China’s fastest growing auto manufacturers, will establish the US headquarters of three separate operating divisions in the City of Los Angeles. BYD expects to invest more than $100 million in construction, which has the potential to create approximately 1,600 construction-related jobs.

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EVs with sodium-ion batteries are rolling off production lines in China – Charged EVs

Baua Electric

Now, after years of anticipation, cars equipped with sodium-ion batteries have begun rolling off production lines. As is so often the case in today’s EV industry, this innovation has been brought into practical use not in the US or Europe, but in China. kWh and a range of 301 km (CLTC).

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