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

Teslarati

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. auto sector,” the organization writes. auto sector,” the organization writes. auto industry appeared first on TESLARATI.

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ZF opens state-of-the-art technology centre in Mexico | Autocar Professional

Baua Electric

Global technology company ZF officially opened the campus that will house four corporate function hubs for North America and the company’s first R&D centre in Mexico, on April 4, 2024. It is the first multi-functional and multi-divisional campus for ZF in Mexico. This investment is a win-win.

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Constellium to open Mexico plant for automotive aluminum structural components

Green Car Congress

intends to open a new manufacturing facility in Mexico to produce aluminium automotive structural components. 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.

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Nissan and Honda unite to join global software-defined EV race, play catch up with Tesla

Baua Electric

Nissan and Honda will also develop battery tech and e-Axles to power new global vehicles. Mitsubishi’s CEO Takao Kato explained, “Collaboration with partners is essential in today’s auto industry,” with EVs and other tech rapidly developing. BYD is breaking into Japan’s seemingly impenetrable auto industry.

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CAR: US light-duty vehicle sales to dip in 2019

Green Car Congress

However, just as there are positives affecting the forecast, there are range of trends and risk factors that could drive US light vehicle sales lower, including: Uncertain passage of the United States Mexico Canada (USMCA) trade agreement; Continued imposition of steel and aluminum import tariffs—especially on Canada and Mexico, two of the largest (..)

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Volkswagen faces mounting pressure from Tesla and BYD

Teslarati

During the pandemic, Volkswagen fell behind in the Chinese auto market as companies like BYD, Nio, and Tesla took over, with the competition nearly doubling the market’s EV and hybrid offerings (via Bloomberg ). Earlier this year, Tesla also announced plans to debut an upcoming factory in Mexico.

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BYD plots another overseas EV plant: Here’s why that could be a bigger deal than you think

Baua Electric

China’s leading automaker, BYD , is reportedly planning to build yet another EV factory overseas as it looks to take on new global markets. Although BYD briefly surpassed Tesla in late 2023 to become the largest global EV maker, Tesla quickly took back the title in 2024 and has held it ever since.