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

Teslarati

Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. 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. While BYD said just last month that it has no plans to enter the U.S. BYD last year sold 1.57

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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.

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BYD sets new NEV sales record as it sets eyes on Canada

Teslarati

Chinese automaker BYD set another record in new energy vehicle (NEV) sales in July 2024. BYD’s global NEV sales will likely increase even further as it sets eyes on Canada. BYD sold approximately 342,383 NEVs in July, up 30% year over year. BYD’s battery electric vehicle (BEV) sales fell by 10% compared to June.

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Reuters: Tesla Has Ditched Its Affordable EV Efforts in Favor of Robotaxis

The Truth About Cars

Affordable EVs seem to be a nut that no automaker can crack, as every promise of a “sub-$30,000” model or similar has fallen through in favor of higher prices. CEO Elon Musk has been beating the affordable EV drum for a while, telling investors in January that the car would enter production in Texas as soon as late 2025.

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The smartest electric car buy? Smart to launch as EV brand in Australia with two affordable SUVs to tackle BYD and GWM

EV Central

READ MORE: Smart SUV previews bigger, bolder Mini rival Instead, Smart’s new range will be both imported and distributed via an independent channel, with LSH Auto Australia said to be behind the brand’s return. Smart to launch as EV brand in Australia with two affordable SUVs to tackle BYD and GWM appeared first on EV Central.

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BYD to build new $1.2B battery factory in China

Teslarati

FinDreams Technology, the battery subsidiary of BYD, has filed paperwork to establish a new battery production facility in Central China. BYD has seen rapid growth in its automotive business over the past two years. Just last year, BYD tripled its annual vehicle sales, with the vast majority of those being sold in China.

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Affordable Dacia Spring Takes Pole As France Hits Record 23.5% Plugin EV Share

CleanTechnica EVs

November saw France, Europe’s second largest auto market, hit a record 23.5% The overall auto market was down nearly […]. plugin electric vehicle share, up from 14.8% share a year ago.

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