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

Teslarati

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. 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.

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Event: 2022 Chicago Auto Show

Clean Fleet Report

Two themes emerged from the 2022 Chicago Auto Show: special edition vehicles and those powered by some sort of electricity. The 2022 Chicago Auto Show runs through February 21 at McCormick Place. The 2022 Chicago Auto Show runs through February 21 at McCormick Place. The new Nissan Frontier gets a workover by its designers.

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Rivian R2 launch event officially scheduled for March 7th in Laguna, here’s what to expect

Baua Electric

We’d uncovered the launch event date and location earlier, but the move is now official and could include some surprises… Rivian recently opened a new flagship store in Laguna Beach, at the site of a historic theater, first opened in 1936. Rivian The event announcement came with a small animation shown below.

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Ford teases F-150 Lightning launch event for April 26

Teslarati

Ford is teasing a launch event for its next electric vehicle, the F-150 Lightning, on April 26 as the all-electric pickup heads closer to initial deliveries. You can also reach me on Twitter @KlenderJoey , or if you have news tips, you can email us at tips@teslarati.com.

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Tesla signs truce with Chinese Automakers to end EV price war

Teslarati

Tesla and 16 Chinese automakers signed a truce ending the EV price war. Executives from Tesla and 16 China-based automakers participated in a signing ceremony at the China Auto Forum in Shanghai held on July 6, 2023. China’s top car makers took part in the event, including BYD, Geely, and Xpeng Inc.

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More Chinese EV makers promise no price cuts as price war intensifies consumer wait-and-see sentiment

CN EV Post

EV makers including Leapmotor , Neta and Denza have all introduced 90-day price protection policies. Image credit: Neta) As the auto price war in China continues, some electric vehicle (EV) makers are beginning to make it clear that they will not cut prices in an attempt to dispel the wait-and-see sentiment of potential consumers.

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Led by Tesla, US EV prices dropped by 13% year-over-year in February

Baua Electric

EV prices dropped by nearly 13% year-over-year in February, led in part by Tesla Model 3 and Model Y price drops, reports Kelley Blue Book. EV transaction prices in February were lower year-over-year by 12.8%, an accelerating decline compared to January, when prices were lower year-over-year by 11.6%. Get started here. –ad*

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