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Audi is the latest automaker to reveal plans for a lower-cost EV

Baua Electric

Audi is joining the race as automakers gear up to introduce new, lower-cost EV models. Audi plots a new lower-cost EV, an electric A3 or Q3 After unveiling the new Q6 e-tron this week, its next-gen premium mid-size electric SUV, Audi, is planning a smaller, lower-cost EV. Kia is also planning a series of low-cost models.

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BYD to kick off EV production at new Thailand plant in Q3 as overseas expansion accelerates

Baua Electric

The company announced Friday its investment will create a significant number of jobs while bringing advanced EV manufacturing tech to the region. BYD Atto 3 production (Source: BYD) After beginning production at its Uzbekistan plant in January, BYD is building new facilities in Hungary and Brazil as it expands the brand overseas.

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China’s Chery to set up shop in Europe

Baua Electric

It’s all part of the Chinese brand’s ambitious plan to set up three brands in Europe and launch three new models for each brand, all by 2026 – yet, unfortunately, Chery wants to bring ICE vehicles along with its low-cost EVs, including a luxury gas-burning SUV brand that it already sells in China.

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

Baua Electric

Back in September, the EU launched an investigation into the Chinese EV industry, as European companies are struggling to compete with the cheap, high-tech Chinese imports, made by low-cost labor, entering the EU.

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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

Why hes banking on an obscure Chinese electric car company and a CEO who - no joke - drinks his own battery fluid. MidAmericans David Sokol, BYDs Wang, and company advisor Li Lu flew with Sokol from Detroit to Omaha so that Wang could meet Buffett in person. EMAIL | PRINT | SHARE | RSS DIGG FACEBOOK DEL.ICIO.US

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Audi going to the moon; Audi lunar e-quattro rover

Green Car Congress

The US$30-million Google Lunar XPRIZE is a competition to challenge and inspire engineers and entrepreneurs from around the world to develop lowcost methods of robotic space exploration. The goal here is to further improve performance by additional improvements to the electric motors, power electronics and battery. Click to enlarge.

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