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READ MORE: Omoda and Jaecoo the latest new Chinese brands to take on BYD and GWM READ MORE: IM Motors locked in for Australian arrival as MG’s luxury arm READ MORE: Hating on Chinese EVs? The Zeekr 009 is on sale in Australia. It’s fabulous, but will anyone buy a $135,000 Chinese MPV? Bloody hell.
As BYD expects to pass Tesla in Global EV sales this year by expanding its markets with significantly lower-priced vehicles, will we start seeing these hyper-cheap products outside of BYD’s home market of China? more… The post Chevy Bolt cheap?
Weaker-than-expected demand in China is partly responsible, but the main driver has been the ongoing avalanche of new supply into the market, as plentiful cheap spodumene meets ample conversional capacity in China, the CRU analysts said. Chinese EV sales through to July totalled 696,000 this year, an impressive 41.5%
Chinese electric vehicle giant BYD thinks the USA’s Inflation Reduction Act is preventing the sale of cheap electric cars in the United States. Does this make sense? We asked BYD’s CEO whether or not the company would bring its popular electric vehicles (EVs) to the US a couple of times in the past decade.
Encouraging both to work together is the influx of cheapChinese EVs that have flooded European markets eroding established European brand’s market share in all segments. An entry EV will also help prepare for the next wave of bargain-priced EVs that are already on sale in China.
Chinese automakers are expanding into Mexico, with companies like BYD opening dealerships across the country. Automotive News reported that the country would not offer tax incentives or land discounts to Chinese automakers. Mexico is no stranger to Chinese auto companies, as there are around 20 already selling vehicles in the country.
Chinese electric vehicle sales have hit 31 percent of the overall market, with 25 percent being pure EVs, a substantial growth year-over-year. According to a report by CleanTechnica , sales of electrified vehicles in May hit 31 percent of the overall market with 25 percent being fully electric vehicles.
The Tesla Model Y continues to lead the electric car surge in Australia, finishing fourth outright on the sales ladder in July. Add in 604 Model 3 sedan sales and Tesla claimed eighth overall in July with 3934 sales. It also sits eighth for the year with 29,511 sales. Tesla’s tally is obviously the key to the 385.4
Even at that price, Pachota said he only had forecast modest sales for the eVX. My expectation wouldn’t be for high sales,” said Pachota. “We It won’t be a volume-seller.”
READ MORE: Light speed: Honda next-gen 0 Series electric cars preview F1 tech that will give it the edge over its cheaper Chinese rivals READ MORE: Will it be a Hossan or Ninda? Sharing costs would drive up profit, enabling it to compete on a level-footing with the likes of both Tesla and the looming threat of Chinese car-makers such as BYD.
It's interesting to see how some EU cars are becoming more what we knew as "Chinese" and Chinese cars more EU, more premium, better tech. Volkswagen it looks like a cheap, plastic car Better quality.
Before then, the advanced tech is tipped to be rolled out on the Rivian R2 SUV that will go on sale earlier in 2026. will be upgraded at least one more time to ensure it remains on-sale until 2035. 2026 Rivian R2 electric SUV. That will help preview what’s in store for the future Golf. 3, which will be heavily updated in 2026.
It appears the change is due to higher demand for the Model 3, especially considering new reports indicated that Giga Shanghai is in “full operation,” according to Chinese media members who recently visited the production facility. However, it was an increase from May’s sales figures, when Tesla sold 55,215.
Fresh from its assault on Australia’s entry-level EV space, a new wave of Chinese manufacturers will now attack more premium players, placing a target on the back of brands like BMW, Audi and Lexus. Also heading to Australia soon will be the Tesla Model Y-rivalling XPeng G6, with orders now open ahead of a late 2024 on-sale date.
Global debut: Chinese PHEV ute avalanche continues with MG U9 dual cab 4×4 rival for BYD Shark 6, GWM Cannon Alpha and Ford Ranger PHEV But based on what Belchers saying, at least some parts of what Australia gets at least the software is different. Along with the MG7 sedan, all these models will be on-sale in Australia this year.
With that horror show of a Blue Oval mini SUV trouncing the Soul’s 485 sales that year, no wonder Kia Australia pulled it after a decade of trying. Funky, boxy stying and great cabin space: the 2023 Kia Soul EV small SUV in the UK Glacial uptake ensured we never got the Kia Soul EV, which had been on sale in RHD UK since 2015.
On the domestic front, Tesla sales are cratering so hard that they’re making everyone else’s great numbers look bad, Ford is leveling up its self driving software, and China thinks the Europeans are spying on them. We’ve got everything from controversial Masts (what do you call “tweets” on Mastodon?),
The Chinese automaker plans to use an aggressive marketing strategy to accomplish its goal. BYD has no plans to enter the US Market amid “complications’ [Feature] BYD Europe’s goals come at a time when the EU is wary of cheapChinese electric vehicles (EVs). It also plans to partner with European dealerships.
If this is the plan, it works best with a more manufacturing-independent NIO, and at an even lower fire-sale rescue price. This gets the CYVN's owners in Abu Dhabi a dirt-cheap company that it can then throw some REAL money at, with manufacturing in-house already a capability for export to the Middle East.
Set to be unwrapped again in updated form at the Paris motor show on October 14, the Twingo E-Tech has been priced to go up against budget EVs like the BYD Dolphin ($36,890 plus on-road costs), the GWM Ora ($33,990 drive-away) and the MG4 51, which is currently on-sale at $30,990 drive-away. READ MORE: Sacre bleu!
sales have slowed, and global numbers aren’t looking so hot, either, as Chinese automakers are pounding the market with cheap EVs and other models. We are grateful to those who helped establish a strong foundation that positions GM to lead in the industry moving forward.” GM wants to cut $2 billion in fixed costs this year.
Fresh tech details of the he all-new 2027 Renault 5 Turbo 3E hyper-hatch that will go on sale in Australia in 2027 confirm it as an unlikely all-electric Lamborghini or Ferrari rival. READ MORE: Fire sale: Renault has patented an EV fire fix and its giving it away to other car makers! READ MORE: To the Batcave!
We think that in order to be a big player in the Chinese market we need both offers—high spec, low spec, higher price, lower price—because I believe that the support that the Chinese government is giving to electric cars is going to continue and it’s going to be stronger. —Carlos Ghosn. —Carlos Ghosn.
Xiaomi’s SU7 is priced high compared to many other EVs in the Chinese market. While other companies are able to offer cheap and affordable EVs, new companies are placed in a strange spot as they risk being undercut and outsold by established names on the block. Its top trim will be priced at $46,671, or 336,000 RMB.
A Chinese maker of inexpensive TVs you’ll find at Walmart or on Amazon is launching a new family hatchback EV designed to rival the VW ID.3, A host of Chinese brands that you’ve likely never heard of have been unveiling new EVs at this week’s Paris auto show – which has made a big comeback this year after a major lull post-COVID.
6 EV for sale to customers in Germany. 6 EV is produced in China by the FAW-VW joint venture and is meant to be sold exclusively in the Chinese car market. In 2022, German car dealer Gregory Brudny offered the Volkswagen ID.6 Brudny bought 22 ID.6 6 vehicles built by FAW-VW from an authorized VW dealer in China.
India’s steel and trade ministries are in talks over rising imports, particularly cheapChinese goods, a government source with direct knowledge of the matter said on Saturday, amid persistent calls for higher tariffs from top producers. India imported 1.1 million metric tons of finished steel between April and May, up 19.8%
The next stage in BYD’s plan for Australia’s electric vehicle market has been unveiled in Germany overnight, with the European debut of the BYD Seal U giving us our best look yet at the Chinese brand’s new mid-size SUV. architecture), and should arrive in two trim levels, and with two different battery sizes.
Despite its losses, Ford is still pushing to earn the number one EV sales spot, which Tesla currently holds. However, the threat of China flooding the market with cheap electric models is too frightening to ignore. Chinese vehicles already have a steep import tariff, and lawmakers have floated a popular plan to bump it to 125 percent.
According to Reuters , regional demand for both models has declined as Chinese EVs have started to become commonplace in Europe. 3 technically is a Chinese-made EV. It’s easy to claim something is enjoying a massive increase in sales when it’s a novel model starting from a modest production run. Both the ID.3
CEO Jim Farley says Chinese language electrical car makers are its primary competitors within the sector, however the corporate has hurdles competing on charge at a smaller scale. “We see the Chinese as the main competitor, not GM or Toyota,” Farley stated Thursday on the Morgan Stanley Sustainable Finance Zenith.
Its called the IM LS6 and its coming in 2025 READ MORE: Cheap trick: MGs advanced semi-solid-state batteries it will launch next year will be affordable says boss as Chinese brand gets upper hand on VW and Toyota READ MORE: 2024 MG Cyberster review: Does this sexy two-seat roadster have the goods to take on Porsche and BMW?
Seres is a subsidiary of Chinese auto giant Dongfeng, and the Seres 3 has sold in China as the Fengon E3 since 2019. On France’s main car classifieds website there are 80 Seres 3s for sale, many with delivery mileage and costing less than list price. Credit where it’s due, there’s a seven-year/150,000km warranty.
” In a way, such labels were quite fair considering that China had focused its exports in the past on low-quality vehicles that were sold dirt-cheap in developing countries. China-made vehicles have long suffered from the reputation of being “low price, low quality, and low value.”
Not sure why that matters when it comes to total monthly/annual sales. The end game goal for Chinese OEMs is to take global vehicle market share from Western and Japanese/Korean OEMs. It also means China can stop importing so much oil, and instead rely on Chinese power production, improving their trade balance.
The iD1 is designed to help the German brand fight off the invasion of cheapChinese imports such as the MG2 and rival European cars like the incoming Renault Twingo and the Dacia Spring EV that’s already on sale. READ MORE: Baby Volkswagen ID.2-based
Possible “remedies” on the table include retroactive tariffs on Chinese EVs. Back in October 2023, Europe launched its formal investigation into the Chinese EV industry, as European companies are struggling to compete with the cheap, high-tech Chinese imports, made by low-cost labor, entering the European Union.
READ MORE: India’s Mahindra plans Aussie electric vehicle assault with batteries from China’s BYD READ MORE: There is one cheapChinese electric vehicle that’s not quite there yet…. Opinion READ MORE: Tesla Model Y and BYD Atto 3 lead the way as Chinese-built electric vehicle sales soar Range promises to be impressive, too.
It’s official: The European Union is moving ahead with increased tariffs on Chinese-made EVs to as much as 45.3% – in an effort to save its auto industry from total demise. Since the US and Canada apply 100% tariffs on EVs coming from China, Europe has been the most obvious choice for Chinese expansion.
There are dozens of used Kona Electrics for sale from only $26,000, while Extended Range new generation examples (from 2021) cost from around $33,000. There are over 100 used Model 3s on sale for under $40k, while a few dip below the $30k mark. Solid buying. Plus youll be an EV sheep in a Model 3, especially if you get a white one.
During a call with Deutsche Bank, Travis Axelrod, Tesla’s head of investor relations, announced to the car-maker’s backers that the new cheap EV would be priced from less than $US30,000 ($46,500) and could possibly even cost less than $US25,000 ($38,800). It is believed to be undergoing development under the Redwood codename.
With a production Twingo EV on sale next year, it’s claimed to be near 90 per cent ready to roll. At that money, think of the Twingo EV as a cuter, more stylish take on the cheapChinese EVs like the BYD Dolphin ($29,990) and the GWM Ora ($33,990) but only if the Twingo heads Down Under.
Pre-orders for the 2024 MG Cyberster are now being taken in Australia ahead of the electric sports car’s fourth quarter arrival – but it won’t be cheap. An official WLTP range figure has yet to be released but on the more lenient Chinese CLTC test cycle the MG roadster can cover up to 579km on a single charge.
During the late innings of the ICE-age (as in the Internal Combustion Engine age) it has become clear that feeding gasoline and diesel to the next billion new cars is not going to be easy, or cheap. That may sound far-fetched, but considering annual sales have already made it to 25 million units per year (vs. Click to enlarge.
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