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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 industry appeared first on TESLARATI. While BYD said just last month that it has no plans to enter the U.S.

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AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

Green Car Congress

Specifically, the firm estimates US auto sales will reach just 12.7 AlixPartners also estimates that on-going unemployment and underemployment could cost the auto industry up to 1.5 The firm has more than 900 professionals in 15 offices across North America, Europe and Asia. million units in 2011 and only 13.6

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Aleris to invest $350M to upgrade Kentucky aluminum rolling mill for anticipated growth in automotive demand

Green Car Congress

The investment positions Aleris to meet anticipated significant growth in North American automotive demand as the industry pursues broader aluminum use for the production of lighter, more fuel-efficient vehicles. Headquartered in Cleveland, Ohio, Aleris operates more than 40 production facilities in North America, Europe and Asia.

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DOE Closes $465M Loan to Tesla Motors

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It will help build a customer base and begin laying the foundation for American leadership in the growing electric vehicles industry. This is part of a sustained effort to develop and commercialize technologies that will be broadly deployed throughout the American auto industry. Energy Secretary Steven Chu. Tenneco Inc.

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Constellium to open Mexico plant for automotive aluminum structural components

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This plant, located in San Luis Potosí, will allow Constellium to respond to increasing demand for lightweight, high-strength aluminium Crash Management Systems and automotive structures for the expanding auto industry in Mexico. The facility is expected to start production in 2018. Constellium generated €5.2

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Think Planning US Factory; Initial Production in 2010

Green Car Congress

The US is quickly overtaking Europe as an attractive market for EVs and is an ideal location to engineer and build EVs. Think’s subsidiary, Think North America, plans to apply for low-interest loans from the US Department of Energy’s $25-billion Advanced Technology Vehicle Manufacturing (ATVMIP) program.

2010 186
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GlobalData: Coronavirus leads to nosedive in global vehicle sales with lowest January registrations since 2012

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This is because many of the components that go into building vehicles all over the world are produced in China, in factories that are currently standing still because it is too risky for workers to return. Turning to the other two ‘triad’ markets—North America and Europe—we can see similarly concerning figures.

2012 286