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

Baua Electric

The American automaker is developing a new low-cost EV platform to underpin a smaller electric pickup and SUV. Kia is also planning a series of low-cost models. Electrek’s Take The rush to introduce more affordable EVs comes as low-cost automakers like China’s BYD continue expanding overseas.

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BYD says EVs have entered the ‘knockout round’ with next-gen tech rolling out

Baua Electric

BYD can offer low-cost EVs, like the new Seagull , starting under $10,000 (69,800 yuan) and still make a profit. Its next-gen DM-i system will enable an even more range at a lower cost. For example, BYD is building a plant in Hungary that will “be Europe, for Europe.” The 30% offers room for Chinese brands to grow.

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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. China last year overtook Japan as the world’s biggest car exporter ­– but most of those were ICE vehicles sold to Russia.

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

Tony Karrer Delicious EVdriven

Today BYD employs 130,000 people in 11 factories, eight in China and one each in India, Hungary, and Romania. BYD makes about 80% of Motorolas RAZR handsets, as well as batteries for iPods and iPhones and low-cost computers, including the model distributed by Nicholas Negropontes One Laptop per Child nonprofit based in Cambridge, Mass.

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