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BYD has no plans to enter the US Market amid “complications’ [Feature]

Teslarati

China’s top new energy vehicle manufacturer, BYD, has no plans to enter the United States auto market. BYD Executive Vice President and CEO of BYD Americas sat down with Yahoo Finance , and talked about the Chinese automaker’s lack of presence in the US Market and the global electric vehicle (EV) market.

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BYD plans to launch Tesla Cybertruck competitor in 2024

Teslarati

BYD plans to launch an electric pickup truck to compete against the likes of the Tesla Cybertruck and the Ford F-150 Lightning. According to the Chinese company’s announcement, it has developed a midsize-to-large pickup truck for the global market. She added that BYD does not have plans to enter the United States.

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Europe may slap retroactive tariffs on Chinese EVs

Baua Electric

Possible “remedies” on the table include retroactive tariffs on Chinese EVs. Back in October 2023, Europe launched its formal investigation into the Chinese EV industry, as European companies are struggling to compete with the cheap, high-tech Chinese imports, made by low-cost labor, entering the European Union.

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Report: BYD Plotting New EV Factory in Mexico

The Truth About Cars

American brands love sending jobs to Mexico, as does every other company interested in moving high volume models through North and South America. Despite frequently marketing itself as a purveyor of all-electric luxury vehicles, BYD actually has a slew of affordable EVs targeting the mass market. Overall, 1.36

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Volkswagen picks up pace of transformation with new ACCELERATE strategy

Green Car Congress

In 2016, Volkswagen kicked off its far-reaching transformation and the industry’s biggest electric offensive with the TRANSFORM 2025+ strategy. The focus here will be on becoming more resilient to fluctuations in the market. In South America and the United States, Volkswagen is striving to break even in the current fiscal year.

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Confirmed! China’s Leapmotor to go on-sale in Australia in 2024 with C10 SUV

EV Central

The Chinese electrified vehicle maker Leapmotor will launch in Australia in late 2024 as part of an international expansion backed by global auto giant Stellantis. Beyond that it has a variety of existing models it could add here quickly including the Mini-sized T03 electric car that has already been confirmed for European sale.

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Another Tesla price cut possible thanks to plummeting lithium prices

Teslarati

No element has become more synonymous with electric vehicles than lithium. None of the modern batteries that make electric vehicles possible could exist without lithium. Now, according to Reuters , lithium prices have hit all-time lows in China, following similar movements in North America and Europe.

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