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At The 2024 Paris Auto Show, The Focus Is On Price

CleanTechnica EVs

The theme at the Paris Auto Show this year is lower priced electric cars that can compete with low cost offerings from Chinese manufacturers. The post At The 2024 Paris Auto Show, The Focus Is On Price appeared first on CleanTechnica.

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Geely introduces new low-cost Xingyuan EV to challenge BYD, offers ice cream for test drives

Electrek

Volvo and Polestar owner Geely Auto unveiled the new Geome Xingyuan EV on Tuesday. With starting prices expected to be around $11,200 (80,000 yuan), the new Geely model will rival low-cost EVs like the BYD Dolphin. As part of a partnership with Haagen-Dazs, Geely looks to lure buyers by offering ice cream for test drives.

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NIO’s low-cost Onvo EV will arrive in its first European market in early 2025

Electrek

The new lower-priced EV brand is expected to play a significant role as NIO looks for a bigger share of the global auto market. NIOs new Onvo EV brand is finally scheduled to arrive in its first European market in early 2025.

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Tata Motors launches $10,000 electric hatch; deliveries of Tiago.ev start in January

Green Car Congress

Tata is offering special introductory prices starting INR 8.49 It is an ideal fun hatch which offers premium, safety and technology features, eco-friendly footprint, spirited performance, all made even more desirable with the added advantage of a low cost of ownership. Equipped with a permanent magnet synchronous motor, Tiago.ev

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

Teslarati

market, the company’s recent release of a city EV with a price tag under $10,000 has some worried for when it and other low-cost companies do. 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. BYD last year sold 1.57

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BCG forecasts electrified vehicles to take half of global auto market by 2030; hybrids to dominate

Green Car Congress

Three factors—technology, regulatory mandates, and consumer cost of ownership—will shape the changeover, which BCG expects to play out over three phases and about a dozen years: Phase 1. The low cost of gasoline in the US will yield similar results.

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BYD takes over as China’s largest auto group with low-cost EVs dominating the market

Baua Electric

After overtaking SAIC, BYD is now China’s largest auto group. BYD tops SAIC to become China’s largest auto group After sales surged by 62%, with over 3 million vehicles sold last year, BYD officially became China’s best-selling brand. BYD is now China’s largest auto group after topping SAIC in September sales.