article thumbnail

Geely Auto forms new premium electric car company Zeekr; SEA EV architecture

Green Car Congress

Geely Auto Group (Geely Auto) officially announced the widely reported formation of Zeekr—a new electric mobility technology and solutions company based in China that will serve growing global demand for premium electric vehicles. Zeekr aims to deliver a new electric vehicle to market each year in the coming five years.

Companies 435
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. While BYD isn’t planning to enter the U.S. auto sector,” the organization writes.

article thumbnail

Samsung SDI & General Motors Partner to Revolutionize Electric Vehicles with Cylindrical Battery Cells

Get Electric Vehicle

The latest news in the electric vehicle industry is the joint venture of Samsung SDI and General Motors to supply cutting-edge cylindrical battery cells for EV models. This substantial investment underscores their dedication to advancing the adoption of EVs and securing a sustainable transportation future.

article thumbnail

Elon Musk gives nod of respect for Tesla’s competitors from China

Teslarati

While responding to a question from Morgan Stanley analyst Adam Jonas, Musk noted that without restrictions, Chinese automakers would probably dominate numerous companies. China is home to Gigafactory Shanghai, Tesla’s primary vehicle export hub and its largest factory by volume.

China 135
article thumbnail

BYD executive dubs Tesla a “very respected industry peer” amid EV transition

Teslarati

Recent comments from Yunfei Li, general manager of branding and public relations at BYD, have suggested that the Chinese electric vehicle maker regards its biggest American rival as a key ally in the transition to sustainable transportation. ” Tesla and BYD’s relationship has evolved over time.

BYD 124
article thumbnail

BYD becomes the official e-mobility partner of UEFA Euro 2024

Teslarati

BYD’s partnership with UEFA marks the first sponsorship deal with a new energy vehicle manufacturer for the UEFA EURO Championship. The Chinese automaker aims to engage with a broader audience by partnering with UEFA. UEFA EURP 2024 will take place in 10 stadiums in Germany from June 14 to July 14, 2024.

BYD 108
article thumbnail

Tesla takes No.2 spot in China’s overall NEV market, CPCA ranking reveals

Teslarati

Tesla is playing at a disadvantage in China’s New Energy Vehicle (NEV) sector. Being a pure electric vehicle maker, Tesla is immediately handicapped since China’s NEV segment includes both battery electric vehicles (BEVs) and plug-in hybrids (PHEV). year-on-year to 65,504 units in November.

Market 121