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Tesla’s war against direct sales wages on with big win in Virginia

Teslarati

State laws in Virginia indicate that automobile manufacturers must sell their vehicles through independent franchised dealerships, except when there is no dealership available in a community to offer a company’s vehicles “in a matter consistent with the public interest,” the report said.

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BYD slashes price on its best-selling SUV to $16K to compete with gas cars

Baua Electric

The price war has already seen major deals on some of its best-selling EVs, with its brand-new Yuan Plus crossover now available at 11.8% The vehicle is available in five trims, with the price of each trim reduced by 16,000 yuan ($2,200). cheaper than the final sale price of its predecessor, reports Reuters.

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Trump promises 100% tariff on Mexico-built Chinese cars—EV or not

Baua Electric

Former President Donald Trump has announced that he would apply a tariff of 100% to cars built in Mexico by Chinese companies for U.S.-market In a Saturday campaign speech in Dayton, Ohio, Trump said that over a period of 30 years Mexico has taken away 34% of the automobile manufacturing business in the U.S.

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