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

Teslarati

auto market anytime soon , some U.S. automotive groups have expressed concerns over the Seagull EV and other affordable mass-market EVs eventually coming to North America. auto sector,” the organization writes. auto industry appeared first on TESLARATI. While BYD isn’t planning to enter the U.S.

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Tariffs on China aren’t the way to win the EV arms race – getting serious on EVs is

Baua Electric

News came out on Friday that President Biden is set to quadruple tariffs on Chinese EVs to protect the US auto industry from the rapid growth of Chinese EV manufacturing. The global auto industry is in a time of flux. Cars are changing quickly, as is car manufacturing. Why did this happen?

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Biden quadruples tariffs on Chinese EVs, up from 25% to 100%

Baua Electric

This large tariff has had the effect of excluding most Chinese autos from the US market, as it’s easier to export to countries with lower tariffs first. However, given Chinese EVs are incredibly affordable , even a 25% tariff might have resulted in competitive prices.

Chinese 52
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Biden rumored to announce quadrupling of tariffs on Chinese EVs, up to 100%

Baua Electric

This large tariff has had the effect of excluding Chinese autos from the US market, as it’s easier to export to countries with lower tariffs first. However, given Chinese EVs are incredibly affordable , even a 25% tariff might still result in competitive prices.

Chinese 52
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French EV market record high in March

Push EVs

The other models populating the top 10 are — as usual — mostly relatively affordable compact or small vehicles like the Fiat 500, Renault Megane, MG4, Renault Zoe and Renault Twingo. Ongoing large popular protests across the country , however, may yet throw a spanner in the works of the economy in 2023, including perhaps the auto industry.

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Tesla Model Y wins UK bestseller spot in March

Push EVs

HEVs and mild-hybrids are offered by manufacturers as a quick and relatively cheap way (especially in the case of mild hybrids) to improve fleet emissions, compared to ICE-only vehicles. The auto industry body, the SMMT, is forecasting the auto market to be one of the few prospective growth stories of the coming year.

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Best EVs of 2022: Our verdict on the new electric cars of the year

EV Central

The EV newcomer is largely unheard of but arrived with an affordable bang in the form of the Atto 3. It’s the first ‘affordable’ EV that’s not felt heavily compromised or compromising. In Europe, the Megane E-Tech is positioned to compete with its most obvious rival, Volkswagen’s relatively affordable ID.3.