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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. at this point, the company has been beginning to deliver its EVs in several markets throughout Europe and Asia.

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ZAP and Remy Electric Motors Sign Strategic Development and Supply Agreement

Green Car Congress

ZAP and Remy Electric Motors, LLC have ">signed a long-term motor supply and development agreement. ZAP Founder Gary Starr and Remy Electric Motors General Manager Kevin Quinn made the announcement at the Electric Vehicle Symposium and Exposition (EVS) in Shenzhen, China. Tags: Brief. Earlier post.) Earlier post.).

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MG targets Tesla Model Y Performance and Kia EV6 GT with new super SUV for Australia

EV Central

Rising Chinese brand MG could have a direct rival for the Tesla Model Y Performance SUV and Kia EV6 GT super SUVs on-sale in Australia as soon as 2024. Known as the IM Motors LS6 in China, the medium SUV with up to 579kW/800Nm, a 252km/h top speed and a 3.5 2024 MG IM Motors LS6. “I 2024 MG IM Motors LS6.

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China’s Tesla Model 3 Performance fighter arrives in Australia: AWD BYD Seal preps for launch in Sydney

EV Central

While either model is rapid – the 230kW RWD will clip 100km/h in just 5.9s – it’s the AWD version that will steal the headlines, with its 390kW dual-motor setup capable of knocking off the sprint to 100km/h in just 3.8

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UPDATE: Abandoned Tesla Roadster trio auction extended

Teslarati

Gruber Motors was responsible for the three vehicles and the bidding, as the Tesla Roadsters were found in a shipping container in China with no miles on the odometer. They were bought by a Chinese automotive group that is now defunct and were likely headed there for research and development purposes.

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EVs with sodium-ion batteries are rolling off production lines in China – Charged EVs

Baua Electric

As is so often the case in today’s EV industry, this innovation has been brought into practical use not in the US or Europe, but in China. Battery maker Farasis Energy reports that JMEV, an EV brand owned by Jiangling Motors Group, began producing sodium-powered EVs in December. kWh and a range of 301 km (CLTC).

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BYD expects at least $4 billion in net income from surging EV sales

Baua Electric

After a record EV sales year, BYD expects to rake in at least $4 billion in net income. million EVs last year, up 73% from the 911,000 sold in 2022. In the last three months of the year, the Chinese automaker overtook Tesla as the largest global EV maker as it expanded the brand. billion (31 billion yuan) in net income.

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