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

Teslarati

China is the world’s largest automotive market, and understandably so, an important one for electric vehicle (EV) makers like Tesla. 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. auto market anytime soon , some U.S.

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Tesla maintenance and repair costs are lowest in the auto industry: data

Teslarati

Tesla says its standard tech can save police departments over $4,000 “The difference to maintain a car on average between some brands can be thousands over a 10-year time frame,” said Steven Elek, Program Leader for Auto Data Analytics at Consumer Reports.

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ETAutoTS: Software, sustainability, cybersecurity to define the future of auto industry – ET Auto

Baua Electric

The conference chair Rajendra Petkar , President & CTO, Tata Motors talked about the potential of software to build the entire vehicle architecture. Gone are the days when the auto industry used to be hardware oriented.” He explained how the path to sustainably is multi stepped, multi year and multi fuel in nature.

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Panasonic seeks to expand business in the auto industry 

Teslarati

The Japanese company’s automotive department—Panasonic Automotive Systems—aims to expand past battery cells for electric vehicles. Panasonic Automotive’s US technology chief, Andrew Poliak, shared with Automotive News that the department is looking into producing infotainment systems, cameras, head-up displays, and audio systems.

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Italy exploring partnership with Tesla, Chinese carmakers to bolster domestic auto industry: report

Teslarati

The negotiations were mentioned by Industry Minister Adolfo Urso on Wednesday. Minister Urso noted that Rome had been in touch with Tesla for months , though he also noted that the electric vehicle maker would have to review its plans for Europe. Don’t hesitate to contact us with news tips.

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Stellantis strengthens ties with China’s auto industry

Teslarati

Stellantis appears to be strengthening its ties in China’s automotive industry. Stellantis recently repurchased €934 million in shares from Chinese auto company Dongfeng as per a pre-existing share repurchase framework. In October, the legacy automaker invested in China-based Leapmotor to expand its global electric vehicle (EV) sales.

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Ford’s November sales paints revealing picture of US auto industry as EV adoption climbs

Electrek

Ford released its US auto sales for November today, and although electric vehicle sales were up over 100% YOY for the fifth straight month, gas-powered car sales continued to slide. The sales report highlights the direction in which the US auto industry is headed – forward.