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Hungary expects $3B in unutilized Chinese language auto business funding

Baua Electric

Hungary is anticipating 3 billion euros ($3.3 billion) in unutilized Chinese language investments within the automobile sector, additional boosting the central Ecu public as a regional heart within the transition to electrical mobility, International Minister Peter Szijjarto mentioned.

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Europe’s Euro 7 emission limits face pushback from 8 international locations

Baua Electric

The international locations mentioned the more difficult limits for pollution together with nitrogen oxides and carbon monoxide may divert a very powerful investments wanted to succeed in the EU’s objective of successfully banning unutilized combustion engine automobiles nearest 2035.

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BMW sticks to 50% EV target by 2030—not including hybrids, PHEVs

Baua Electric

BMW still aims for about 50% global EV sales by the end of the decade, in line with a plan the automaker rolled out in 2021 , but still isn’t ready to declare an end date for internal combustion. The post BMW sticks to 50% EV target by 2030—not including hybrids, PHEVs appeared first on Bauaelectric Auto News.

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BYD aims to start vehicle production at Thailand EV plant in Q3 2024

Teslarati

The announcement coincided with the automaker’s participation in the ongoing 45th Bangkok International Motor Show, which is being held from March 27 – April 7, 2024. During its announcement, BYD highlighted that it is focused on the Thai auto market. The company is also constructing car factories in Hungary and Brazil.

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BYD to kick off EV production at new Thailand plant in Q3 as overseas expansion accelerates

Baua Electric

BYD set to begin EV production in Thailand in Q3 After showcasing its full range of brands at the Bangkok Auto Show this week, BYD said it will kick off EV production in the country in Q3. Source: CnEVPost , BYD Weibo FTC: We use income earning auto affiliate links. BYD was Thailand’s best-selling EV maker last year.

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Samsung SDI shows high-energy density fast-charging cell for EVs; production targeted for 2021

Green Car Congress

At the North American International Auto Show (NAIAS), Samsung SDI introduced a next-generation high-energy density battery cell that could lead to EV driving ranges of up to 600 km (373 miles) and that can fast charge in 20 minutes. The mass production of this product is slated for 2021.

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BYD sells over 3 million NEVs in 2023, electric car sales close gap to Tesla | Autocar Professional

Baua Electric

In 2023, BYD expanded its international market presence, with exports growing by 334.2% December saw sales of 341,043 units, a 45% increase, culminating in a total of 3,024,417 vehicles sold throughout the year, a substantial 61.9% surge from the previous year.

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