The Truth About Cars

JANUARY 24, 2024

The long-rumored affordable, entry-level Tesla is almost here – maybe. Tesla reportedly alerted suppliers that it would start building a mass-market compact crossover in the middle of 2025, which would become one of the most affordable electric models on sale if it becomes a reality.

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The Driven EV News

OCTOBER 3, 2023

Tesla dominated another good month of EV sales as more affordable options hit the market, with BYD and the MG4 also doing well. The post Tesla Model Y outsells all other passenger cars again in a bumper month of EV sales appeared first on The Driven.

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Baua Electric

MARCH 6, 2024

Can Kia challenge Toyota, which has dominated the market in Thailand, with affordable EVs? Chinese automakers like BYD are already stealing market share, but Kia is in talks over a new EV plant in Thailand that could help position itself as an early leader. Meanwhile, Kia has bigger (or, smaller and more affordable) plans.

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Baua Electric

APRIL 1, 2024

China’s leading electric car maker, BYD , recorded over 300,000 EV sales in Q1 2024, up 13% over last year. BYD EV sales rise 13% in Q1, down sequentially After topping Tesla in the last three months of 2023, BYD is doubling down in 2024. BYD’s electric vehicle production also rose 9%, with 291,730 EVs built in Q1.

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Baua Electric

JANUARY 29, 2024

After a record EV sales year, BYD expects to rake in at least $4 billion in net income. BYD forecasts its profits rising at least 75% last year. BYD expects at least $4 billion in 2023 net income BYD sold nearly 1.6 After dominating its home market and the world’s largest for EVs, BYD is quickly expanding overseas.

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EV Central

AUGUST 7, 2023

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. That tally will spiral when the BYD Dolphin arrives.

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Electrek

NOVEMBER 6, 2023

Chinese-owned automaker BYD has announced plans to build a factory in Europe in hopes of bringing its affordable EVs to the masses there. As the brand picks up steam in sales, it will break ground on its first European factory, with Hungary selected as the location.

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Baua Electric

JUNE 4, 2024

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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The Truth About Cars

JANUARY 2, 2024

Tesla just had its best sales year ever, beating its sales target and delivering more than 484,000 vehicles in the fourth quarter. Despite that success, the company fell behind Chinese automaker BYD for the first time. While Tesla enjoyed the top EV sales spot for a long time, Chinese automakers have rapidly gained ground.

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Teslarati

FEBRUARY 14, 2023

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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EV Central

APRIL 3, 2024

The GWM Ora is now clearly the cheapest and most affordable new electric car sold in Australia thanks to $35,990 drive-away pricing announced this morning for the Standard Range model. The MG4 is now the second cheapest EV on-sale in Australia alongside the MG ZS Excite SUV, which is also $39,990 drive-away.

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Teslarati

MAY 30, 2024

BYD and other Chinese automakers have studied the European auto market for years. BYD’s strategy to take over Europe was recently revealed in a report by Reuters. Below are the strategies BYD and Chinese automakers are implementing to deploy their vehicles in Europe. It's the perfect synthesis of comfort and adventure.

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Teslarati

DECEMBER 6, 2023

A look at reports in the past months would show that a narrative around electric vehicle sales has formed. Considering the trends in the sales of vehicles like the Ford F-150 Lightning and startups like Lucid Motors, skeptics have claimed that electric cars are seeing a demand problem. That’s an increase of 36% from 2022.

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CleanTechnica EVs

OCTOBER 21, 2023

The world needs as many affordable EV models to be made available as quickly as possible to displace a lot more internal combustion vehicles from new vehicle sales. That means we need more automakers to ramp up development and production of these more affordable EVs that could be the equivalent of a Toyota Corolla, a […]

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Baua Electric

FEBRUARY 1, 2024

BYD is selling millions of EVs, famously outselling Tesla last year, and riding an enormous wave of success. And now, BYD is setting up its BYD-only shop in Germany. BYD just opened up its new BYD-only shop in Berlin in its latest move to grow the brand in a country that loves German cars and Teslas.

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Baua Electric

APRIL 5, 2024

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. After global sales slipped 2% last month, Kia is shaking things up with a new mid-to-long-term business plan. It plans to boost demand by launching a series of new affordable EVs.

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Baua Electric

APRIL 5, 2024

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. After global sales slipped 2% last month, Kia is shaking things up with a new mid-to-long-term business plan. It plans to boost demand by launching a series of new affordable EVs.

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Baua Electric

MARCH 29, 2024

Leading EV maker BYD is quickly expanding overseas after dominating its home market. BYD is now set to begin production at its new EV plant in Thailand in the third quarter as it looks to accelerate overseas sales. BYD was Thailand’s best-selling EV maker last year.

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EV Central

MAY 14, 2024

Tipped to price at or under stellar local Chinese success story BYD, Leapmotor is expected to launch here with the medium-sized C10 SUV, which will be a rival for the Tesla Model Y on size but not dollars. They have been hit in recent years by the downturn in Jeep sales and the loss of the poor performing Chrysler and Dodge brands.

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Teslarati

FEBRUARY 1, 2023

BYD has officially begun selling EVs in Japan, joining the likes of Tesla and Nissan in selling a lineup of electric vehicles in the country. Following Tesla’s success in growing that market , BYD has now also decided to join. Following Tesla’s success in growing that market , BYD has now also decided to join.

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Baua Electric

MARCH 28, 2024

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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EV Central

APRIL 2, 2024

Local executives say the numbers don’t currently add up on the Ora Sport that was expected to sell from about $60,000, popping it squarely in the crosshairs of the hot-selling Tesla Model 3 and its closest rival, the BYD Seal. The company says it plans to grow EV sales in coming years from their small base.

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Baua Electric

MARCH 12, 2024

China’s BYD will challenge automakers in Europe with plans to triple its share in the EV market by 2025. After dominating its home market, BYD is expanding its brand overseas. BYD plans to expand EV market share in Europe BYD began selling vehicles in Europe in 2021, starting in Norway.

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Teslarati

MARCH 14, 2023

The Tesla Model 3 also nabbed a top spot in February 2023 NEV sales. The BYD Tang DM followed Tesla with 10,783 units sold. Tesla dominated NEV sales for models priced between RMB 200,000 ($29,138.80) and RMB 300,000 ($437,08.20). BYD has a monthly production capacity of 1,000 units for the Tang DM.

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EV Central

APRIL 17, 2023

The Ford Puma EV will be coming to Australia in 2024, adding a new compact SUV to the affordable end of the electric car market. No word on pricing, although clearly it will play at the more affordable end of the EV market. The post Ford Puma EV coming to Australia in 2024 as new affordable electric SUV appeared first on EV Central.

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Baua Electric

FEBRUARY 7, 2024

BYD continues its dominant overseas expansion after accounting for over 20% of Japan’s EV imports last month. After launching just last year, BYD is already making its presence known as Japan lags behind the auto industry’s shift to electric. Of the 1,186 electric cars imported into the nation, BYD accounted for 217 of them.

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Baua Electric

APRIL 5, 2024

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. Hyundai, Kia top Ford, GM in EV sales with affordability After the IONIQ 5 was the sixth best-selling EV in the US last year with nearly 34,000 units sold, Hyundai (and Kia) are starting the year strong in the US. 361 $43,656 SEL RWD 77.4

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EV Central

AUGUST 22, 2022

The newly-named BYD Automotive has announced its service network and pricing for the Atto 3 electric SUV that has just started being delivered to Australian customers. READ MORE: BYD electric hatchback set to become Australia’s cheapest EV. BYD guarantees 70 percent of the original capacity at the end of the warranty period.

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EV Central

AUGUST 22, 2022

The newly-named BYD Automotive has announced its service network and pricing for the Atto 3 electric SUV that has just started being delivered to Australian customers. READ MORE: BYD electric hatchback set to become Australia’s cheapest EV. BYD guarantees 70 percent of the original capacity at the end of the warranty period.

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Baua Electric

MARCH 5, 2024

Chinese EV maker BYD, which launched its third product – the BYD Seal EV sedan – in India on March 5, plans to enhance its market coverage from the existing 65 percent to over 90 percent in the coming years. Going forward, we will open new showrooms in areas where the coverage is lower. While it was ranked the No.

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Baua Electric

JANUARY 26, 2024

The BYD Tang is already due for an upgrade in Europe. Despite launching in Europe less than a year ago, BYD ‘s Tang is getting a bigger battery for more range and more. Although BYD launched its Tang EV in Norway in 2020, the electric SUV began rolling out in Germany, the Netherlands, and other major European markets last year.

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Baua Electric

JANUARY 15, 2024

China’s leader EV maker, BYD , has held “active” discussions with lithium producer Sigma Lithium as it looks to expand its battery business. After topping Tesla in EV sales in the final three months of 2023, BYD is not slowing down. A big part of BYD’s success is due to its past. The BYD Explorer No.

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Baua Electric

APRIL 9, 2024

After selling nearly 35,000 Seagull models in March, cumulative sales of BYD’s cheapest electric car topped 360,000. BYD sells over 360,000 units of its cheapest electric car BYD launched the Seagull on April 26, 2023. BYD is launching the Seagull as the “Dolphin Mini” in overseas markets. An EV for under $10,000?

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Baua Electric

APRIL 1, 2024

A recent Cloud Theory report reveals that the price cuts are working as buyers look for more affordable EVs. New data shows sales are up while inventory is finally dwindling. The move came after Mach-E sales fell over 50% in January, with only 1,295 units handed over. Ford’s Model e electric vehicle unit lost $4.7

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Green Car Reports

SEPTEMBER 8, 2017

Chinese automaker BYD was the world's largest producer of plug-in electric cars last year, and the outlook for new markets in its home country are quite healthy, suggesting strong continued growth. BYD plans to tackle the country's inland cities, viewed as a new frontier for automakers, with a small and very affordable electric car.

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Baua Electric

JANUARY 23, 2024

Fresh off earning the crown as the best-selling brand in China, BYD has (briefly) introduced a new compact SUV to its Yuan family of EVs – one of the larger contributors to its overall sales last year. By December, we were reporting that BYD would inevitably overtake Tesla as the leader in global EV market share, which it did.

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Baua Electric

JANUARY 12, 2024

BYD is significantly lowering EV prices in Germany to extend its global lead. BYD cuts EV prices in Germany in overseas expansion After overtaking Tesla in EV sales in the last three months of 2023, BYD aims to extend its lead in key markets. BYD’s Atto 3 features a 60.48 The BYD Explorer No.

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