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

Teslarati

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. automotive groups have expressed concerns over the Seagull EV and other affordable mass-market EVs eventually coming to North America. BYD last year sold 1.57

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ABB and HASCO create joint venture to drive smart manufacturing in China’s auto industry

Green Car Congress

Partnership builds on existing relationship to deliver increased automation and sustainability for auto parts production New joint venture agreement signed by both parties on December 30th 2021 and expected to commence operation in Q2, 2022. Both parties agreed not to disclose any further details about the investment.

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Lumax Industries appoints Raju B Ketkale as new CEO – ET Auto

Baua Electric

Raju B Ketkale New Delhi: Raju B Ketkale , Executive Director, will take over charge as CEO of Lumax Industries Limited, a leading Tier-1 automotive lighting system and component manufacturer of the Lumax-DK Jain Group. He joined Lumax Group in October 2023 as Executive Director of Manufacturing and Corporate Function.

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Motherson Group collaborating with UBQ to bring carbon-negative thermoplastics into auto parts

Green Car Congress

Global automotive Tier 1 manufacturer Motherson Group is collaborating with Israeli cleantech company UBQ Materials. The companies are joining efforts to implement the carbon-negative UBQ thermoplastic ( earlier post ) into auto parts manufactured by Motherson Group for the automotive industry. UBQ Industrial Grade.

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Volkswagen quits Australian auto industry lobby over emissions standards – Charged EVs

Baua Electric

As regular Charged readers know, when it comes to EVs, legacy automakers tend to follow two tracks—while preparing for the transition, and telling the media about how committed they are to electrification, they simultaneously participate in trade groups that actively lobby against emissions standards and other pro-EV regulations.

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Stellantis and Foxconn form SiliconAuto JV to design and sell semiconductors for automotive industry

Green Car Congress

and Hon Hai Technology Group (Foxconn) announced the creation of SiliconAuto, a 50/50 joint venture dedicated to designing and selling a family of state-of-the-art semiconductors to supply the automotive industry, including Stellantis, starting in 2026. Stellantis N.V. Earlier post.) Earlier post.)

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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

Green Car Congress

China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. More than 45 billion yuan (US$6.5 billion yuan (US$679 million).