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Volvo reveals $28,000 EX30 starting price in China as low-cost BYD rival

Electrek

Volvo launched the EX30 in China with a low starting price of $27,800 (200,800 yuan) as the automaker takes on BYD head-on in its home market. The cheapest Volvo EV so far was officially launched in China over the weekend.

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Stellantis to take on BYD with new affordable EV launching in the UK, starting at $28,000

Electrek

A new EV is set for the UK to rival BYD and other low-cost Chinese automakers entering the market. Starting at $28,000 (£21,990), the new Citroen e-C3 will be one of the most affordable EVs in the UK.

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BYD opens shop in the Caribbean with 10 new markets planned by the end of 2024

Baua Electric

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. The EV leader plans to enter ten new markets by the end of the year. The Seagull EV is already rolling out in overseas markets.

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BYD sets electric sights on Southeast Asia, a market dominated by Japanese fossil cars

The Driven EV News

BYD looks to use low cost EVs to take market share away from Japanese car makers in south-east Asia. The post BYD sets electric sights on Southeast Asia, a market dominated by Japanese fossil cars appeared first on The Driven.

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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

China is the world’s largest automotive market, and understandably so, an important one for electric vehicle (EV) makers like Tesla. Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. While BYD said just last month that it has no plans to enter the U.S. auto market anytime soon , some U.S.

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BYD had its slowest profit growth in two years in Q4

Teslarati

Chinese automotive giant and electric vehicle (EV) maker BYD posted its 2023 earnings results this week, with the company reporting its slowest quarterly growth rate in almost two years. In its full-year 2023 earnings report shared on Tuesday, BYD posted an 18.6 The $10,000 BYD Seagull EV is scaring the U.S. billion yuan (~1.2

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BYD nearly tops all-time sales record in May as EV price cuts boost demand

Baua Electric

China’s leading EV maker, BYD , nearly reached a new sales record in May after aggressive price cuts took effect. BYD posted its second-highest sales last month as new energy vehicle (NEV) sales continued picking up. With 331,817 NEVs (EVs and PHEVs) sold last month, BYD is closing in on its all-time sales record.

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