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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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Kia’s affordable EV3 officially spotted in the US ahead of its upcoming debut [Images]

Baua Electric

Here’s when we can expect to see Kia’s new affordable EV in the US. The EV3 is a cornerstone of Kia’s plans to secure its future position in the auto industry. The EV3 was introduced alongside the EV4 and EV5 as part of the brand’s new affordable electric car lineup. FTC: We use income earning auto affiliate links.

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VW Chief Executive Says Company Will Introduce EVs Based on the Up! New Small Family in 2013; Cautions Against Electro-Hype

Green Car Congress

Within a decade, he added, Volkswagen wants to offer significant numbers of pure electric cars at affordable prices and with the range expected by customers. The imminent collapse of traffic in megacities such as Mumbai, Mexico City or Bangkok. And the auto industry doesn’t hold back on announcements.

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Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

Well, America’s auto industry delivered over 100,000. That helped us become the world’s greatest industrial power. It helps that the auto industry will be building more efficient new vehicles. Make it affordable, safe, drivable, eligible for certification and warranty, and installable in high volumes.

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2024 Honda Prologue: Japan’s most American brand gets serious about EVs

Charged EVs

A Honda exec told Charged in February he was confident they’d receive 40,000 Prologues from the factory in Ramos Arizpe, Mexico, during calendar 2024. In October 2023 Honda canceled plans for a previously announced second GM partnership to develop less costly, more affordable EVs using next-gen technology.

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BYD plots another overseas EV plant: Here’s why that could be a bigger deal than you think

Baua Electric

Despite new tariffs on Chinese EV imports in the US and Europe, BYD is widening its lead in key auto markets like Southeast Asia and South America. BYD is launching new vehicles in surging EV markets like Thailand, Singapore, Brazil, and Mexico. It’s even cracking into Japan’s auto industry, a market dominated by Toyota.

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Tesla margin tightrope is ‘keeping investors up at night’: Wedbush

Teslarati

Analysts were fixated on the 20-plus-percent margin level and whether Tesla’s strategy of cutting prices to undercut competitors and make its vehicles more affordable would hurt the company’s balance sheet. Tesla (TSLA) Q1 2023 earnings results: $23.3B in revenue, 19.3% percent, with Wall Street expecting 20.7

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