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Chevy Bolt cheap? This Chinese knockoff is a third the price, readying for export

Electrek

The BYD Seagull looks a lot like the venerable Chevy Bolt EV , but comes in at a literal fraction of the price… but with a fraction of the specs as well. more… The post Chevy Bolt cheap? This Chinese knockoff is a third the price, readying for export appeared first on Electrek.

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Tesla & CATL deemed the Power Couple to Recharge the US EV Market: Morgan Stanley

Teslarati

Morgan Stanley analyst Adam Jonas deemed Tesla and CATL the power couple that could recharge the United States electric vehicle (EV) market. In a note released earlier this week, Morgan Stanley writes that the United States is an under-penetrated EV market, whereas China is a fully-penetrated EV market.

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Cheap talk: Volkswagen to bed Renault in race to build sub-$30k EV | reports

EV Central

Volkswagen and Renault are primed to join forces to work today to develop a new family of electric cars that will be priced less than €20,000 ($A32,000). According to German newspaper Handelsblatt, both VW and Renault are considering the deal that will see both car-makers produce up 250,000 of its bargain basement-priced electric cars.

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Tesla maintains an Outperform rating by Wedbush as Q1 2024 ends

Teslarati

Wedbush maintained Tesla’s Outperform rating with a $315 price target as Q1 2024 ends. ” Last month, several firms dropped Tesla’s price target for varying reasons. .” ” Last month, several firms dropped Tesla’s price target for varying reasons. They believe reaching 2.1 million and 2.2

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EVs reach 90% market share in Norway as the overall auto market falters – Charged EVs

Baua Electric

of the market, up from 90.1% of the entire auto market. The trade group OFV (Norwegian Road Federation) ascribes the ailing auto market to weakness in the broader economy—interest rates are up, and so are prices for food and electricity. In the month of February, plug-in vehicles took 92.1% year-on-year.

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Comment on BYD catches up with Tesla in global BEV market share in Q3 by Midori Mayari

CN EV Post

And let's not forget that BYD's "invasion" of the foreign markets is just beginning. Those are countries where any protectionism measures would apply equally to BYD and Tesla, meaning Tesla would need to beat BYD fair and square on price to win, and I sincerely don't see that happening.

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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. auto market anytime soon , some U.S. While BYD said just last month that it has no plans to enter the U.S.