Remove tag ev-battery-market
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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. 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 last year sold 1.57

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Adamas Intelligence expects 10-fold increase in value of rare earths to $36.2B by 2035; growth led by passenger EV traction motors

Green Car Congress

NdPr, Dy and Tb oxides—were consumed globally in NdFeB alloys for energy-transition-related applications, including EV traction motors and wind power generators. Resources Rare Earth Magnet Market Outlook to 2035 In 2022, Adamas Intelligence calculated that $3.8 billion worth of magnet rare earth oxides—i.e.,

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Everledger launches battery passport pilot with Ford

Green Car Congress

Digital transparency company Everledger launched a battery passport pilot with leading automotive manufacturer Ford Motor Company to ensure responsible recycling of EV batteries. It can provide transparency of the battery supply chain as well as the lifecycle of the finished product.

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BYD launches latest Yuan Plus with cheaper $16,640 price tag

Teslarati

BYD has launched the latest version of its Yuan Plus, called the Atto 3 in some markets, sporting a significantly lower sticker price than the cheapest trim from the electric SUV’s previous iteration. The electric SUV includes the same overall size specifications, and the same battery pack options.

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Volkswagen aims for sub-$35,000 EV in the U.S.

Teslarati

market that will cost less than $35,000, and it plans to launch it within the next 3-4 years. EV adoption has grown significantly over the last few years. In Q3 2023, EVs made up 7.9 percent of the total market share , marking a new all-time record for the U.S. The post Volkswagen aims for sub-$35,000 EV in the U.S.

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BYD produces 200K units of its most affordable EV 

Teslarati

On November 29, BYD celebrated the 200,000th Seagull EV rolling off the assembly line. The BYD Seagull made headlines as one of the most affordable electric vehicles on the market. It debuted at the Shanghai Auto Show in April 2023 with a price tag of $11,300 in China. The base Seagull variant starts at RMB 73,800 ($10,360).

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Cheap talk: Volkswagen to bed Renault in race to build sub-$30k EV | reports

EV Central

Created to be “affordable to the masses” it’s thought the new EV could be built on a new architecture that will slash costs further than cars based on the VW Group MEB, or the Renault’s CMF-EV architectures. A second VW-branded EV is also in the works that’s it’s thought Renault might co- develop.

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