Remove BYD Remove Cheap Remove China Remove Industry
article thumbnail

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

Teslarati

China is the world’s largest automotive market, and understandably so, an important one for electric vehicle (EV) makers like Tesla. Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. BYD last year sold 1.57

article thumbnail

BYD Europe aims to beat Tesla & big EU automakers

Teslarati

BYD Europe aims to beat Tesla and other prominent EU automakers, like Volkswagen and Stellantis. BYD European boss Michael Shu made bold claims during the Financial Times’ Future of the Car Summit. BYD Europe wants to triple its market in the region by 2025. “We are confident that we could be in a leading position.

BYD 85
article thumbnail

Twingo is GO! Cheap $33k Renault Twingo EV is back on with help from a mysterious Chinese player

EV Central

Just days after Volkswagen said it would go it alone and produce its cheap €20,000 ($A32,500) EV without any help, Renault has announced that it has already found a new Chinese partner to help it create its low-cost Renault Twingo. READ MORE: Cheaper than a BYD Dolphin or MG4! The post Twingo is GO!

Cheap 64
article thumbnail

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

Baua Electric

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. China’s EV industry is a true powerhouse, and one of the few economic bright spots for the country, reports the FT.

China 52
article thumbnail

BYD’s home city in China now has more supercharging plugs than gas pumps

Baua Electric

Photo: Shenzhen Government Online Shenzhen, the home of Chinese EV giant BYD, says it’s become the first in China to have more supercharging plugs than gas pumps. As Electrek reported in April , BYD received direct government subsidies of “at least” $3.7 The city of 12.5 Get started here. –

Plug-in 52
article thumbnail

China is exporting so many EVs that it needs more ships – a lot more

Baua Electric

China now has the world’s eighth-largest shipping fleet with 33 car-carrying ships, according to data from shipping consultants Veson Nautical and reported by Reuters. After this armada has been delivered to China, the Chinese controlled car carrier fleet will jump from current 2.4% to 8.7%,” Veson analyst Andrea de Luca told Reuters.

China 52
article thumbnail

Huawei’s smart car tech offers automakers route to China sales – ET Auto

Baua Electric

Even Germany’s Volkswagen will equip its China-made, China-bound Audi Q6L e-tron with Qiankun upon the car’s 2025 launch, in Huawei’s first deal with a foreign automaker, two people with knowledge of the matter told Reuters. Beyond China, Huawei could again find itself impacted by trade restrictions as the U.S.

China 52