Americans Are Open To Cheap Chinese Cars. That’s 'Scary' For The Rest Of The Auto Industry
InsideEVs
APRIL 29, 2024
Many EV buyers would buy a Chinese car if it was cheap enough, according to a recent survey.
Mexico Won't Offer EV Incentives to Chinese Automakers
The Truth About Cars
APRIL 18, 2024
Chinese automakers are expanding into Mexico, with companies like BYD opening dealerships across the country. Automotive News reported that the country would not offer tax incentives or land discounts to Chinese automakers. Mexico is no stranger to Chinese auto companies, as there are around 20 already selling vehicles in the country.
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The $10,000 BYD Seagull EV is scaring the U.S. auto industry
Teslarati
MARCH 24, 2024
Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. BYD launched its Seagull, a small hatchback EV with a price tag starting at 69,800 yuan (~$9,773), at the Shanghai Auto Show last year. auto market anytime soon , some U.S. auto sector,” the organization writes. BYD last year sold 1.57
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Comment on Li Auto cuts guidance for Q1 deliveries due to lower-than-expected order intake by Hctr Lnds
CN EV Post
MARCH 21, 2024
The problem is not Li Auto but the Chinese with their dirty cheap mindset. The Great Leap Forward is finished. People should learn to spend their money.
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Auto Industry Begs U.S. To Block 'Cheap' Chinese EV Imports From Mexico
InsideEVs
FEBRUARY 26, 2024
Plus: what's next in the EV race from Jeep, and how Rivian can cross "the valley of death."
Cheap solar panels from China are all over Europe – and everyone is freaking out
Baua Electric
FEBRUARY 8, 2024
Photo by Pixabay on Pexels.com Europe is installing more solar panels than ever before, thanks to a flood of cheap Chinese solar panels, driving installations by 40% last year. European local solar panel manufacturers have reached a crisis in that they say they can’t compete with cheap imports and oversupply.
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Beijing show: Breakthrough Chinese LFP battery can add 600km of range in just 10 minutes
EV Central
APRIL 29, 2024
Chinese battery-making giant CATL has launched its new Shenxing Plus battery at the Beijing motor show claiming it’s capable of adding as much as 600km of range after a short 10-minute charge and delivering a driving range of more than 1000km. Has Stellantis cracked the code for super-cheap EVs that will undercut ICE?
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Tesla maintains an Outperform rating by Wedbush as Q1 2024 ends
Teslarati
MARCH 14, 2024
Economist says cheap Chinese EVs should be kept out of U.S. due to security risk Wedbush acknowledged the price competition with the Chinese auto market but predicts aggressive price reductions will start to die down by spring or summer 2024. The Chinese electric vehicle market has been steadily increasing.
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Battle for ‘tech luxury’ in China as EVs get smarter – and cheaper – ET Auto
Baua Electric
APRIL 25, 2024
But other Chinese automakers, including state-run companies that were later entrants to the EV race, have closed the gap on sub-USD 10,000 EVs at the Beijing auto show that began Thursday. Last year, BYD shocked the automotive industry with the release of its Seagull EV, now priced under USD 10,000, at the Shanghai auto show.
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Tesla & CATL deemed the Power Couple to Recharge the US EV Market: Morgan Stanley
Teslarati
MARCH 27, 2024
In addition, the United States has an under-supply of affordable EVs and cheap batteries for electric vehicles. The current political climate between the United States and China discourages Chinese battery suppliers like CATL from distributing their oversupply of batteries to the US. “In
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Europe may slap retroactive tariffs on Chinese EVs
Baua Electric
MARCH 6, 2024
Possible “remedies” on the table include retroactive tariffs on Chinese EVs. Back in October 2023, Europe launched its formal investigation into the Chinese EV industry, as European companies are struggling to compete with the cheap, high-tech Chinese imports, made by low-cost labor, entering the European Union.
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EVs reach 90% market share in Norway as the overall auto market falters – Charged EVs
Baua Electric
MARCH 20, 2024
of the entire auto market. The steady rise of EVs is occurring against a backdrop of slower overall auto sales. The trade group OFV (Norwegian Road Federation) ascribes the ailing auto market to weakness in the broader economy—interest rates are up, and so are prices for food and electricity.
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Huawei’s smart car tech offers automakers route to China sales – ET Auto
Baua Electric
APRIL 26, 2024
It’s taken Huawei just four years to become a force in smart car technology , navigating the devastation of trade sanctions on its smartphones business while simultaneously developing a driver assistance system that is the darling of the Beijing auto show. ” said Evangelos Simoudis, an investor and corporate adviser.
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Farley: Chinese language automakers turning into EV ‘powerhouse’
Baua Electric
MAY 26, 2023
CEO Jim Farley says Chinese language electrical car makers are its primary competitors within the sector, however the corporate has hurdles competing on charge at a smaller scale. “We see the Chinese as the main competitor, not GM or Toyota,” Farley stated Thursday on the Morgan Stanley Sustainable Finance Zenith.
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OneD, Koch Modular partner to scale up silicon-graphite EV anode materials – ET Auto
Baua Electric
JANUARY 17, 2024
Over the last decade, Chinese suppliers have flooded the market for polysilicon – high-purity silicon – market with cheap supplies, making new U.S. Koch Modular, minority-owned by U.S. production uneconomical, Koch Modular president George Schlowsky told Reuters. silane plant a viable option.
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This $680 4-seater electric swan boat makes my own Chinese e-boat look luxurious
Baua Electric
MARCH 30, 2024
But after buying an ultra-cheap Chinese electric boat last year , this new one makes my own lazy lake cruiser look like a luxury yacht. FTC: We use income earning auto affiliate links. The post This $680 4-seater electric swan boat makes my own Chinese e-boat look luxurious appeared first on Bauaelectric Auto News.
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Trade group asks administration to reinstate tariffs on Chinese graphite, critical material for EV batteries
Baua Electric
FEBRUARY 25, 2024
According to NAGA, China’s graphite supply surpasses global demand, allowing it to flood markets with cheap graphite and manipulate prices. Source: E&E News The post Trade group asks administration to reinstate tariffs on Chinese graphite, critical material for EV batteries appeared first on Bauaelectric Auto News.
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Below $30,000! MG 2 coming in 2025 to shatter electric car price barrier
EV Central
MARCH 17, 2024
Chinese-owned MG is hatching a cheaper sibling to its current all-electric MG 4 that will share tech but be priced from less than €20,000 ($33,000) when it makes its debut in 2025. READ MORE: Park that Toyota Yaris!
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China is exporting so many EVs that it needs more ships – a lot more
Baua Electric
APRIL 11, 2024
Chinese EV makers are looking to export electric vehicles by the tens of thousands around the globe, but they need a lot more car-carrying vessels to make that happen. Yet, the current state of affairs is rapidly changing, with Chinese companies putting 47 ships on order, which accounts for a quarter of all orders globally.
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Sodium-Ion Powered EVs Roll off From Chinese EV Factories
Get Electric Vehicle
JANUARY 24, 2024
It is one of the oddest combinations in the car manufacturing industry as the other half of JAG is owned by the Chinese government. Another Sodium-ion Powered EV From China Chinese car manufacturer JMEV rolled off their sodium-Ion battery-provided EV on December 28, 2023.
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BYD overtakes VW’s 15-year-run as top seller in China
Baua Electric
JANUARY 23, 2024
BYD, the country’s dominant automaker in the world’s largest auto market, had a massive 62% growth in sales last year from 2022. Of course, the Chinese EV market is booming – but looking at the numbers, it’s pretty staggering. Chinese automakers expect to have sold some 9.4 FTC: We use income earning auto affiliate links.
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World’s largest solar panel maker to slash thousands of jobs
Baua Electric
MARCH 18, 2024
Cheap Chinese solar panels are also making it hard for European and US solar panel makers to compete. Meanwhile, cheap solar panels are driving demand, and new installations are booming globally. ad* FTC: We use income earning auto affiliate links. The US added a record-setting 32.4 Get started here. –
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China says it will ‘rein in’ the flood of EVs coming our way
Baua Electric
JANUARY 22, 2024
BYD Atto 3 (Source: BYD) Europe and the US say that Chinese EV development is running wild and unchecked and on the verge of overwhelming the global market with, well, EVs the rest of the world can’t compete with. FTC: We use income earning auto affiliate links.
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This new style of electric tuk-tuk makes me want to drive a taxi in India
Baua Electric
FEBRUARY 3, 2024
In India, it’s an auto rickshaw. My favorite part of this vehicle is just how cheap it is – a mere $592! Second, and more importantly, that’s the price when buying 100 units, which is the minimum order quantity of the Chinese factory that makes this lovable little runabout. FTC: We use income earning auto affiliate links.
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Hyundai to launch a new electric mini-SUV at €20K
Baua Electric
FEBRUARY 5, 2024
In France, where the Casper has been announced by France’s head of Hyundai Lionel French Keogh, the car may additionally benefit from EV subsidies, further pushing that price tag down to well below €18,000, reports Auto Moto. FTC: We use income earning auto affiliate links. What to expect performance-wise? meters long (about 11.8
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BYD’s luxury brand unveils its first sedan, the sleek U7, with over 1,000 horsepower
Baua Electric
JANUARY 10, 2024
But it won’t be cheap. According to a report from Chinese research firm CarFans , the electric SUV scored over 8,000 orders in its first three days on the market. Source: CarNewsChina , Yangwang Weibo FTC: We use income earning auto affiliate links. BYD’s new flagship sedan will be a powerhouse with over 1,000 hp.
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Tesla is redefining the “Made in China” moniker with Giga Shanghai: report
Teslarati
OCTOBER 19, 2021
The narrative surrounding Tesla appears to have shifted for the better in China, with Xinhua News Agency , the official state-run press agency of the People’s Republic of China, recently posting a glowing analysis of the EV maker’s effect on the country’s auto sector. Don’t hesitate to contact us with news tips.
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Utility solar dethrones coal as the cheapest power source in Asia
Baua Electric
FEBRUARY 29, 2024
With a forecasted 30% cost reduction by 2030 as cheaper Chinese turbines gain market share, Australia and Southeast Asia stand to benefit from low-cost wind power equipment imports. ad* FTC: We use income earning auto affiliate links. Get started here. –
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Ghosn: Renault-Nissan needs both high- and low-spec EVs to be player in China market; ongoing importance of gov’t support
Green Car Congress
MAY 5, 2016
At a press roundtable held at the Auto China 2016, Renault-Nissan Alliance CEO Carlos Ghosn observed that both Nissan and Renault had what he called “high-spec” electric vehicle offers in China: the Venucia for Nissan, and the coming Freelance Electric by Renault. But at the same time what is really evolving are the cheap electric cars.
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EV Guru: Sodium-Ion Batteries are Coming Sooner Than You think!
Plug In India
SEPTEMBER 7, 2022
In addition, about 90% of the world’s supply of lithium is controlled by Chinese companies. Multiple auto makers are seeking a secure supply chain for battery materials. Read the C&EN research here Lithium right now is very expensive and Sodium is quite cheap. The world needs to do something about this.
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Volvo XC40 Recharge and Polestar 2: EV cousins offer different takes on “premium”
Charged EVs
FEBRUARY 23, 2021
You might not know it to look at them, but these two cars—one Swedish, one Chinese—share underpinnings and a parent company. Volvo and its Chinese parent Geely are very serious about selling cars that plug in. It’s called the XC40 Recharge, and the earliest versions aren’t cheap, priced from about $55,000 including delivery.
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India stays No. 3 spot in global car sales but Japan fast closing the gap | Autocar Professional
Baua Electric
JANUARY 15, 2024
At present, global competition is centered around vehicle electrification, and Vangaal sees that Chinese carmakers are giving stiff competition to Japanese carmakers in almost every regional market (Australia, Japan, ASEAN). The post India stays No.
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China gave BYD an incredible $3.7 billion to ‘win’ the EV race
Baua Electric
APRIL 12, 2024
BYD received this lofty sum in direct government subsidies as part of the Chinese government’s push to lead the world in EVs and other clean tech, according to a new study first reported by Bloomberg. FTC: We use income earning auto affiliate links. billion to ‘win’ the EV race appeared first on Bauaelectric Auto News.
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EV ute overload: The electric pickups coming soon
EV Central
OCTOBER 27, 2023
The B2 (a cousin to the B1 wagon) hasn’t been completely killed off and in 2023 the company said “engineers are once again working on developing the SUV and pickup” The B2 wasn’t looking like being cheap despite the simplicity of its aluminium body. Australian sales are a definite possibility.
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Rajiv Bajaj's Chetak has a New Factory & Sad State of Auto Media
Plug In India
AUGUST 21, 2022
By Raphae & Kamlesh So Bajaj Auto is investing nearly Rs 750 crore in a new EV manufacturing facility in Pune. Rajiv Bajaj's plans for Chetak + Auto Journalism is dead The article talks about CNBC-TV18's interview of Rajiv Bajaj. From our observations, every EV fire is party time for Petrol head auto journalists.
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BYD Atto 3 review: Chinese newcomer previews our EV future
EV Central
JANUARY 3, 2023
A majority of the EVcentral writing staff acknowledged the compact Chinese battery electric vehicle for one positive reason or another. No new electric vehicle sold in Australia is cheap, but the BYD Atto 3 is definitely among the most affordable. The BYD Atto 3 comes as two models; Standard and Extended range. 0-100km/h: 7.3
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BYD has no plans to enter the US Market amid “complications’ [Feature]
Teslarati
FEBRUARY 27, 2024
China’s top new energy vehicle manufacturer, BYD, has no plans to enter the United States auto market. BYD Executive Vice President and CEO of BYD Americas sat down with Yahoo Finance , and talked about the Chinese automaker’s lack of presence in the US Market and the global electric vehicle (EV) market.
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CRU: Lithium prices plunging as hype meets reality; impact of new supply, disappointing BEV sales
Green Car Congress
SEPTEMBER 6, 2019
Weaker-than-expected demand in China is partly responsible, but the main driver has been the ongoing avalanche of new supply into the market, as plentiful cheap spodumene meets ample conversional capacity in China, the CRU analysts said. Chinese EV sales through to July totalled 696,000 this year, an impressive 41.5%
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Power Electric Scooter Buyers Guide | 2022
Plug In India
FEBRUARY 25, 2022
Benling India - Aura So the parent company is a large Chinese electric scooter company called - Dongguan Benling Vehicle Technology Co. The design is a classic Vespa knockoff that seems to come from the parent Chinese company. Many scooter companies provide a cheap GPS tracker and call themselves a connected scooter.
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China’s EV brands are coming to bury US automakers—or are they? – Charged EVs
Baua Electric
MARCH 4, 2024
We EV pundits have been writing about the rise of the Chinese EV industry for years. In recent weeks, the mainstream press has picked up on the story—many articles describe the coming wave of Chinese exports in apocalyptic terms. This can bring a lot of [confusion] to consumers and also to auto manufacturers.
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Best EVs of 2022: Our verdict on the new electric cars of the year
EV Central
DECEMBER 28, 2022
I dunno if it’s the biggest surprise, but the most pleasing news of 2022 was the way the irrepressible die-hards in what remains of the Aussie auto industry leapt on the opportunity EV presents. You know, source cost-effective Chinese vehicles, then on-sell them at a mega-premium to a handful of comparatively cashed-up Aussies.
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China and the Electric Car | Autos | Smart Spending | Mainstreet
Tony Karrer Delicious EVdriven
APRIL 21, 2009
Last fall, Buffett’s MidAmerican Energy Holdings unit of Berkshire Hathaway (Stock Quote: BRK.A ) paid $230 million for a 10% stake in BYD Auto (short for “build your dreams”), based in Shenzhen, China. automakers in their own market. automakers in their own market. Although thundering trucks and SUVs still crowd U.S.
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Seres 3: Why this Chinese SUV is the worst EV I’ve driven
EV Central
AUGUST 19, 2023
Seres is a subsidiary of Chinese auto giant Dongfeng, and the Seres 3 has sold in China as the Fengon E3 since 2019. 2023 Seres 3 Luxury EV – we saw no others driving in France There’s lane keep assist and forward collision warning in our Luxury version, but no auto emergency braking or blind spot monitor.
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The electric year ahead: Every new EV coming to Australia in 2024
EV Central
JANUARY 6, 2024
As with the ICE alternatives, expect a long list of standard equipment in a well-presented package, although we hope the driver assist technologies (such as lane departure warning and auto braking) are improved. Known as the Lightning Cat overseas, the sleek five-door from Chinese maker GWM is yet to be definitively confirmed for Australia.
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