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Nissan and Honda may team up to slash EV prices and take on Chinese automakers like BYD

Electrek

Nissan and Honda are considering teaming up to introduce more affordable EVs to compete with Chinese automakers like BYD. The partnership could include a new EV platform.

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Honda and Nissan slash rates to keep pace with BYD, EVs in overseas markets

Electrek

Japanese automakers are scrambling to avoid being squeezed out of the market by BYD and other Chinese EVs. Honda and Nissan are the latest to slash rates in overseas markets to boost demand. more… The post Honda and Nissan slash rates to keep pace with BYD, EVs in overseas markets appeared first on Electrek.

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Nissan and Honda may team up to slash EV prices and take on Chinese automakers like BYD

Baua Electric

Nissan and Honda are considering teaming up to introduce more affordable EVs to compete with Chinese automakers like BYD. Sources at Nissan said the automaker may discuss joint battery and vehicle development with Honda. Meanwhile, Honda’s first electric SUV, the 2024 Honda Prologue , will start at $47,400 in the US.

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Top 10 EV battery manufacturers all Asian companies; China accounts for 56% of market, Korea 26% and Japan 10%

Green Car Congress

Chinese companies make up 56% of the EV battery market, followed by Korean companies (26%) and Japanese manufacturers (10%). One-third of the world’s EV batteries come from the Chinese company, which provides lithium-ion batteries to Tesla, Peugeot, Hyundai, Honda, BMW, Toyota, Volkswagen, and Volvo.

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BYD takes 20% of Japan’s EV imports in January after launching just last year

Baua Electric

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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Kia mulls EV plant in Thailand to take on Toyota and BYD with affordable electric cars

Baua Electric

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. BYD Atto 3 (Source: BYD) Although legacy automakers like Toyota and Honda have long dominated the market, Chinese automakers have committed to over $1.44

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Govern-Promoting vehicles in H1 2023 in China – BYD first, VW 2d, Toyota 3rd

Baua Electric

In keeping with knowledge discharged by means of the China Passenger Automotive Affiliation (CPCA), the Chinese language auto marketplace skilled the sale of 9.533 million pristine vehicles from January to June 2023. Honda adopted intently in fourth playground, promoting 527,484 cars and possessing a marketplace percentage of five.53%.

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