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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

market, the company’s recent release of a city EV with a price tag under $10,000 has some worried for when it and other low-cost companies do. BYD launched its Seagull, a small hatchback EV with a price tag starting at 69,800 yuan (~$9,773), at the Shanghai Auto Show last year. auto industry appeared first on TESLARATI.

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Tesla slashes prices across Europe on Model Y

Baua Electric

The 2024 Model Y (Source: Tesla) Tesla has slashed the prices of its Model Y across Europe this morning, after it reduced prices of its Model 3 and Model Y prices in China to undercut BYD, according to CNBC. And BYD is looking to make some serious moves in Europe, and now that it will be building EVs in Hungary in the next couple of years.

Europe 97
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Nikola and IVECO begin taking orders for European Nikola Tre BEV heavy-duty truck; unveil European Nikola Tre FCEV beta

Green Car Congress

The European Nikola Tre FCEV in beta version offers a glimpse of the soon-to-come electric propulsion semi-truck for long hauling, and is expected to launch in the second half of 2023 in North America and first half of 2024 in Europe. Nikola Tre FCEV beta. An 80% charge takes an estimated 100 minutes at 350 kW.

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European Auto Industry Expresses Concern Over Iron Ore Price Hikes

Green Car Congress

The European automobile industry expressed concern about the “ sudden and massive ” increase in the price of iron ore, a crucial material for producing steel. The automobile industry needs broad access to raw materials at competitive conditions, especially in times of fragile economic circumstances, ACEA said. Tags: Brief.

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Rutronik to Distribute Maxwell’s Ultracapacitors Throughout Europe

Green Car Congress

Maxwell Technologies and Rutronik Elektronische Bauelemente GmbH, a leading European distributor of active, passive and electromechanical components, recently entered an agreement through which Rutronik will distribute Maxwell’s BOOSTCAP ultracapacitor products throughout Europe. Tags: Brief.

Europe 186
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Bio Base Europe Reports First Crop of Engineered Poplars Harvested and Slated for Conversion into Ethanol

Green Car Congress

Bio Base Europe, a joint initiative of Biopark Terneuzen (The Netherlands) and Ghent Bio-Energy Valley (Flanders) reports that its first crop of genetically modified poplars of the Flemish Institute for Biotechnology (VIB) has been harvested and will be modified into bioethanol in a Flemish-Dutch pilot installation. Tags: Brief.

Europe 186
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Report Finds That Biomass-Derived Ethanol in Europe Could Replace Up to 62% of Gasoline Consumption

Green Car Congress

The study—“Next-generation ethanol and biochemicals: what’s in it for Europe”—explores the potential results of the development of a next-generation ethanol and biochemicals industry in the European Union in the next decade, and also the barriers to that development.

Gasoline 253