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China’s largest carmaker to cut thousands of jobs at its joint ventures with GM and Volkswagen

Baua Electric

The total number accounts for 30% of employees at SAIC-GM, 10% at SAIC Volkswagen, and more than 50% at its Rising Auto EV subsidiary, two unnamed sources told Reuters. Mass layoffs by Chinese-owned firms are extremely rare, but the fierce price spearheaded by BYD has potentially forced its hand. SAIC-VW ID.3

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Kia EV9 and Volvo EX30: Are they 2024’s most important EVs?

Charged EVs

Instead, Volvo says, the little electric SUV might be the first new car for a young professional or a new couple, or empty-nesters who want to downsize their second or third vehicle now that they’re done hauling kids and their gear. That’s almost $12,000 lower than the sales-weighted average transaction price of all new US auto models.

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Kia EV9 and Volvo EX30: Are they 2024’s most important EVs? – Charged EVs

Baua Electric

Instead, Volvo says, the little electric SUV might be the first new car for a young professional or a new couple, or empty-nesters who want to downsize their second or third vehicle now that they’re done hauling kids and their gear. That’s almost $12,000 lower than the sales-weighted average transaction price of all new US auto models.

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

Our PRIUS+ Project Photos PHEV Resources Global Warming Take Action News and Events Contact Us How Carmakers are Responding to the Plug-In Hybrid Opportunity If you ask, "have major auto-makers come around on PHEVs?", todays answer is "Yes -- but not yet." Plug-in hybrids make little sense in a car with current battery technology," he said.

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