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

Teslarati

Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. 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. While BYD said just last month that it has no plans to enter the U.S. BYD last year sold 1.57

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Ford supplier gets rights to localize BYD LFP blade battery production 

Teslarati

BYD licenses LFP blade battery cells to BorgWarner, a supplier for Ford, General Motors, and Stellantis. BorgWarner signed a strategic agreement with FinDreams Battery, a subsidiary of BYD Company Limited. In 2021, rumors spread that Tesla would use BYD’s bad battery cell for its $25,000 next-generation car.

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Imported Audi, Porsche, and Bentley Models Held Back Over Forced Labor Allegations

The Truth About Cars

The actions the Chinese government has been accused of committing within the region are as horrendous as they are vast. Concerns have revolved around aluminum, steel, and copper sourcing, tire manufacturing, battery production, and a slew of parts suppliers said to be employing people against their will. custom laws.

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GM employs Tesla-esque direct-to-consumer sales strategy in China

Teslarati

General Motors (GM) plans to launch a wholly-owned direct sales platform, Durant Guild, in China. With Durant Guild, GM hopes to revitalize Chinese consumers’ interest in its brand and increase sales in the country. Blissett mentioned a shift in the Chinese market for “halo cars.” What is Durant Guild?

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China is testing more driverless cars than any other country – ET Auto

Baua Electric

Many Chinese makers of electric cars are introducing advanced assisted driving features on their mass-production cars. Across China, 16 or more cities have allowed companies to test driverless vehicles on public roads, and at least 19 Chinese automakers and their suppliers are competing to establish global leadership in the field.

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SAIC-GM-Wuling launches new EV model, price from $8,680

CN EV Post

In the January-February period, SAIC-GM-Wuling sold 50,433 NEVs in China, second only to BYD and Tesla. Image credit: Wuling) SAIC-GM-Wuling, which has had success in the mini electric vehicle (EV) market, is offering another new model to Chinese consumers. percent share, behind BYD's 40.8 percent and Tesla's 7.8 percent. ($1

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Ford reaches $100B market cap thanks to the Jim Farley Effect

Teslarati

Ford Motor Company ( NYSE: F )captured a $100 billion market capitalization earlier today as shares surged over 4% on Thursday. Ford’s planned production increases of both the F-150 Lightning and Mustang Mach-E, two of its first three fully electric vehicles, have been the momentum behind the stock’s most recent increases.

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