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More affordable EVs coming? KG Mobility, formerly SsangYong, teams up with EV pioneer BYD to fast-track development of its electric vehicles

EV Central

KG Mobility (KGM), known as SsangYong until last year, has announced it has partnered with China’s BYD to gain access to its next-generation battery technology. BYD is now the world’s largest EV maker, after overtaking Tesla, and currently sells the Atto 3, Dolphin and Seal. ” The post More affordable EVs coming?

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BYD nearly tops all-time sales record in May as EV price cuts boost demand

Baua Electric

China’s leading EV maker, BYD , nearly reached a new sales record in May after aggressive price cuts took effect. BYD posted its second-highest sales last month as new energy vehicle (NEV) sales continued picking up. With 331,817 NEVs (EVs and PHEVs) sold last month, BYD is closing in on its all-time sales record.

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Denied! Why the bonkers BYD Yangwang U9 electric hypercar has been locked out of Australia

EV Central

While BYD has given the thumbs up for the outrageous Yangwang U8 SUV to come to Australia by the end of 2025, it’s thumbs down for the U9 hypercar. The U9 was revealed at the same times as the U8 SUV in early 2023 when BYD launched the Yangwang luxury brand. 2023 BYD Yangwang U9 supercar. 2023 BYD Yangwang U9 supercar.

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BYD opens shop in the Caribbean with 10 new markets planned by the end of 2024

Baua Electric

China’s leading EV maker, BYD , is quickly gaining ground in overseas markets. BYD opened its first store in the Caribbean as its global expansion heats up. After setting a new weekly sales record in early May, BYD nearly topped its all-time sales record last month. Of them, nearly 146,400 were fully electric.

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BYD to build new $1.2B battery factory in China

Teslarati

FinDreams Technology, the battery subsidiary of BYD, has filed paperwork to establish a new battery production facility in Central China. BYD has seen rapid growth in its automotive business over the past two years. Just last year, BYD tripled its annual vehicle sales, with the vast majority of those being sold in China.

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BYD launches SEAL U DM-I plug-in hybrid SUV in Europe

Electric Cars Report

Chinese leading EV maker BYD launched the SEAL U DM-I Plug-in Hybrid for European market. The D-segment Family SUV will be available as from this summer for European customers that embrace an environmentally friendly vehicle without compromising on range, practicality, and affordability.

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BYD says EVs have entered the ‘knockout round’ with next-gen tech rolling out

Baua Electric

Global EV leader BYD believes new energy vehicles, including EVs and PHEVs, have entered the “knockout round” with gas-powered cars. BYD plans to more than double its overseas sales this year, as it aims for one million in 2025. For example, BYD is building a plant in Hungary that will “be Europe, for Europe.”

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