Electrek

APRIL 5, 2024

After launching its low-cost Seagull EV (Dolphin Mini) in Brazil, starting at around $20,000 (99,800 BRL), BYD is leading the EV sales surge in the country. However, with a new import tax looming, can the Chinese EV maker continue the momentum? China’s leading automaker, BYD , is aggressively expanding overseas.

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Baua Electric

MARCH 5, 2024

Volvo reached its highest-ever share of electrified vehicles as its new fully electric EX30 boosted EV sales in February. Although overall sales slid 2% last month, Volvo’s fully electric vehicle sales were up 14%, reaching a new record share. Fully electric cars also set a new record. 0 to 60 mph sprint.

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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 is already leading in growing EV markets like Thailand, Brazil, and Columbia. It also recently launched new models in Europe, Mexico, Australia, India, and others. BYD forecasts its profits rising at least 75% last year.

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Baua Electric

FEBRUARY 1, 2024

After topping Tesla in the final three months of 2023, BYD is starting the year off strong with EV sales rising another 50% in January. BYD EV sales momentum continues in January BYD sold 105,304 fully electric cars last month, up 48% from the 71,338 handed over last year. BYD’s PHEV sales were up 21% to 95,715 last month.

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Baua Electric

MARCH 29, 2024

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’s general manager of its Asia-Pacific Sales Division said people were lining up to purchase the car after hitting its 10K sales goal in just 42 days.

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Baua Electric

MAY 29, 2024

As EV sales surge in China, BYD’s workforce has expanded rapidly, adding nearly 500,000 employees since 2019. China’s surging EV sales are leading to new job growth Privately-owned firms, such as BYD and others in the EV industry, are accelerating job growth in China. million in China, up 35% year over year (YOY).

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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. The low-cost EV landed in Brazil earlier with a starting price around $20,000 (99,800 BRL). Ford’s CEO Jim Farley called the low-cost EV “pretty damn good” and warned rivals of BYD’s superior technology.

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