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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. million battery-electric vehicles (BEVs), substantially increased from 2020, when the automaker sold just 130,970. auto market anytime soon , some U.S. BYD last year sold 1.57

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China says it will ‘rein in’ the flood of EVs coming our way

Baua Electric

Back in September, the EU launched an 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 EU. million fully battery-electric vehicles last year, overtaking Telsa in overall BEV sales.

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Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

And oil only seems cheap. As batteries get cheaper and smaller, and motors get light enough to fit inside wheels, we’ll be able to upgrade smaller cars. While we’re fixing vehicles, we can also equip them with low-cost real-time MPG indicators that show us how to save money and still get to places quickly.

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