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Honda launches next-gen EV brand in China to take on BYD, first two SUVs due out in 2024

Electrek

Can Honda turn things around in China? Domestic automakers like BYD are dominating the market. Meanwhile, Honda unveiled its next-gen EV brand “Ye” with the debut of the first set of models, including a pair of electric SUVs and a sporty GT model.

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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. The aim is to reduce EV prices as the automakers look to Chinese automakers with low-cost models like BYD.

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Nissan and Honda confirm new EV partnership as they look to play catch up with Tesla, BYD

Baua Electric

Nissan and Honda are forming a new EV partnership after falling behind leaders like Tesla and China’s BYD. Nissan and Honda form EV partnership to keep pace Yesterday, Electrek reported that Nissan and Honda were considering partnering up to introduce more affordable EVs. It’s official.

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Ford plans affordable small electric pickup and SUV, starting around $25,000

Baua Electric

Ford is developing a new low-cost EV platform to power a small electric pickup and SUV, with starting prices around $25,000. However, due to the pivot, plans for its three-row electric SUV have been put on the back burner. BYD Seagull (Source: BYD) Its cheapest, the new Seagull , starts at around $9,700 in China.

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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. The Korean automaker is also seeing early success with its first three-row electric SUV , the EV9. Once up and running, BYD aims to produce 150,000 EVs a year.

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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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The Tesla Model Y is absolutely dominating China’s premium SUV sector

Teslarati

The Tesla Model Y is absolutely dominating China’s high-end SUV market, with the all-electric crossover selling 23,117 units in November. This allowed the Model Y to outsell some of the most popular luxury SUVs that have long been selling well in China, such as the Audi Q5 and the BMW X3.

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