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BYD Q1 EV sales top 300,000, but is it enough to maintain a lead over Tesla ?

Baua Electric

Meanwhile, plug-in hybrid sales were up 14.5%, with 324,284 PHEVS sold. BYD Dolphin Mini (Seagull) launch in Brazil (Source: BYD) The average Wall St consensus is around 458,500. BYD says new energy vehicles (including PHEVs) have entered the “knockout round” as it continues growing its overseas footprint. over Q1 2023.

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BYD to build new $1.2B battery factory in China

Teslarati

Using an LFP chemistry , BYD advertises the battery as a more affordable, faster charging, and more durable option compared to more traditional NMC battery chemistries. The Chinese automaker will also be entering the South American market, selling its EVs and PHEVs in countries like Argentina and Brazil.

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BYD sold over 360,000 Seagull EV models in under a year as its cheapest electric car

Baua Electric

The low-cost EV landed in Brazil earlier with a starting price around $20,000 (99,800 BRL). BYD Dolphin Mini (Seagull) testing in Brazil (Source: BYD) According to BYD’s UK Marketing Manager, Mark Blundell, the automaker is “keen to have” the Seagull launch in the region.

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BYD is now shipping its own EVs as first cargo ship heads to Europe

Baua Electric

BYD is already a leader in key auto markets like Thailand , Brazil, and Columbia. million all-electric vehicles last year ( 3 million including PHEVs), BYD looks to expand the brand in 2024. The automaker is best known for its affordable EVs like the Dolphin electric hatch (~$17,000) and Yuan Plus (~$19,000).

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Global WorldAutoSteel Project Presents Interim Results of FutureSteelVehicle (FSV) Phase 2 Project for Low GHG Body Structure for Electrified Vehicles

Green Car Congress

The FSV Program is midway through its second phase, designing optimized AHSS body structures for four proposed 2015-2020 year vehicles: battery electric (BEV); plug-in hybrid electric (PHEV), with both PHEV-20 and PHEV-40 powertrains; and fuel cell (FCV), with variants among the different powertrain types for four and five passengers vehicles.

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

At the start of 2023, PHEV subsidies were phased out, resulting in lower PHEV sales compared to 2022, and in December 2023, all EV subsidies ended after a ruling on the Climate and Transformation Fund. In Brazil, electric car registrations nearly tripled year-on-year to more than 50,000, a market share of 3%.

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KPMG survey finds global auto execs expect ICE dominance for some time; ICE downsizing and PHEVs to receive greatest investment over next 5 years; mobility-as-a-service in cities

Green Car Congress

Forty-one percent of executives taking part in the survey believe that government subsidies are needed if e-vehicles are to become affordable. Brazil: 35% believe the share will be 1-5%. The main growth tactics include new products and new markets, affordable vehicles and sales and price incentives. Routes to success.