My Electric Car

FEBRUARY 24, 2024

A direct challenge to ICE vehicles and the Tesla Model 2 BYD’s unveiling of the Qin Plus EV Honor Edition marks a significant milestone in the electric vehicle (EV) industry, especially in the affordable vehicle segment. Its competitive pricing, impressive range, and performance set a new standard in the low-cost EV segment.

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Baua Electric

MARCH 19, 2024

last week in China, BYD’s CEO Wang Chuanfu said at this rate, 50% NEV share could happen in the next three months. BYD chairman predicts 50% NEV share in China sooner “The penetration rate of NEVs crossed 48.2 BYD Atto 3 (Source: BYD) After dominating their domestic market, Chinese NEVs are now expanding overseas.

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Baua Electric

JANUARY 12, 2024

BYD is significantly lowering EV prices in Germany to extend its global lead. The automaker slashed prices by up to 15% on its most popular EVs. BYD cuts EV prices in Germany in overseas expansion After overtaking Tesla in EV sales in the last three months of 2023, BYD aims to extend its lead in key markets.

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Baua Electric

MARCH 13, 2024

Nissan and Honda are considering teaming up to introduce more affordable EVs to compete with Chinese automakers like BYD. The aim is to reduce EV prices as the automakers look to Chinese automakers with low-cost models like BYD. Will a partnership with Nissan to lower EV prices be any different?

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Baua Electric

JANUARY 30, 2024

Nissan plans to produce lithium iron phosphate (LFP) batteries as it looks to lower EV prices. The move will put it in direct competition with BYD , the leading LFP battery maker. BYD’s Blade Battery is equipped on EVs being sold globally. The electric BYD Seal with BYD Blade has claimed range of up to 435 miles (700 km).

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Baua Electric

JUNE 4, 2024

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. After setting a new weekly sales record in early May, BYD nearly topped its all-time sales record last month. Of them, nearly 146,400 were fully electric.

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Baua Electric

FEBRUARY 29, 2024

The urgency is growing as European automakers are being far outdistanced by BYD and Tesla , the latter of which sells more EVs in Europe than any other brand. Renault is eyeing 2026 for the launch of the full-electric minicar Twingo , with a target price below €20,000. Get started here. FTC: We use income earning auto affiliate links.

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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. BYD sells over 360,000 units of its cheapest electric car BYD launched the Seagull on April 26, 2023. BYD is launching the Seagull as the “Dolphin Mini” in overseas markets. kWh or 38.88 kWh or 38.88

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Baua Electric

APRIL 24, 2024

Another fully electric BYD vehicle is set to debut this week. Ahead of its official reveal, BYD is teasing the upcoming Ocean-M electric car, which will be based on its new EV platform. BYD previews new Ocean-M EV ahead of its debut BYD is on a roll lately. compared to last year as BYD expands into new markets.

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Baua Electric

APRIL 26, 2024

China’s BYD is unleashing a series of new electric vehicles as it expands the brand globally. BYD unveiled two new EVs at the Beijing Auto Show: a sleek Ocean-M electric hatch and the Denza Z9 GT EV. After declaring a “liberation battle” against gas-powered vehicles earlier this year, BYD has been on an EV release spree.

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Baua Electric

MARCH 19, 2024

US chip-making giant NVIDIA is expanding ties with several Chinese automakers, including BYD , as the race for the best software and features heats up. BYD will use NVIDIA’s Drive Thor to power its next-gen EV fleet. Building upon its existing collaborations, BYD is going from the car to the cloud.

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Baua Electric

APRIL 8, 2024

BYD is expected to launch its next-gen Blade EV battery later this year. The battery will promote more range at an even lower cost. Will the new battery be BYD’s X-factor in its “liberation battle” over gas-powered vehicles? The batteries are a major reason behind BYD’s success.

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Baua Electric

FEBRUARY 7, 2024

Ford (F) assembled a “super-talented skunk works team” to build a low-cost EV platform. Ford is “secretly” developing a low-cost EV platform Following Tuesday’s Q4 and full-year 2023 earnings results, Farley explained that Ford is adjusting its capital while switching gears to focus on smaller EVs. billion last year.

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Baua Electric

MARCH 29, 2024

Leading EV maker BYD is quickly expanding overseas after dominating its home market. 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 was Thailand’s best-selling EV maker last year.

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Baua Electric

MARCH 28, 2024

Global EV leader BYD believes new energy vehicles, including EVs and PHEVs, have entered the “knockout round” with gas-powered cars. BYD plans to more than double its overseas sales this year, as it aims for one million in 2025. We reported earlier this month that BYD looks to crush gas-powered car sales with its newest platform.

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Baua Electric

JANUARY 5, 2024

The world’s largest EV maker, BYD , broke ground on its first sodium-ion battery plant this week. BYD is investing $1.4 You likely heard that BYD just topped Tesla in overall EV volume to become the largest electric car maker globally. However, BYD is also a top global battery manufacturer.

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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 forecasts its profits rising at least 75% last year. BYD expects at least $4 billion in 2023 net income BYD sold nearly 1.6 After dominating its home market and the world’s largest for EVs, BYD is quickly expanding overseas.

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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. Production was only up 9% to 90,749 units.

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Baua Electric

APRIL 1, 2024

Ford is moving inventory after slashing prices by up to $8,100 on its best-selling electric SUV, the Mustang Mach-E , last month. A recent Cloud Theory report reveals that the price cuts are working as buyers look for more affordable EVs. Even with the price cuts, the Mach-E’s turn rate reached 33%. billion last year.

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Baua Electric

MARCH 6, 2024

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. Kia’s smaller EV5 , EV4, and EV3 will be priced below $50,000 to promote widespread adoption of EVs. Once up and running, BYD aims to produce 150,000 EVs a year.

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My Electric Car

FEBRUARY 15, 2024

BYD, the Chinese electric vehicle (EV) manufacturer, experienced a significant increase in EV sales in January, with sales growing nearly 50% compared to the same month last year. In January alone, BYD sold 105,304 fully electric cars, marking a 48% increase from the 71,338 vehicles sold in the previous year.

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Baua Electric

MARCH 15, 2024

Nissan and Honda are forming a new EV partnership after falling behind leaders like Tesla and China’s BYD. The new partnership comes as both automakers (and the Japanese auto industry) quickly fell behind EV leaders like Tesla and BYD. According to sources, the aim is to bring down EV prices to compete with low-cost leaders from China.

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Baua Electric

APRIL 5, 2024

A new BYD and Mercedes-Benz co-branded luxury electric vehicle will roll out before the end of the year. Denza was founded in 2010 as a 50:50 joint venture between Mercedes-Benz (Daimler) and BYD. Mercedes has since reduced its stake to just 10%, leaving BYD with the other 90%. The brand also offers two SUVs, the N8 and N7.

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CN EV Post

MARCH 13, 2023

A BYD spokesperson, responding to CnEVPost's request for comment, said the information was untrue and did not correspond to reality. BYDDY.US | BYD HK | TSLA.US (File photo shows BYD's blade battery. BYD denied it today. Existing companies will most likely fill BYD's vacancy, the report noted.

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CleanTechnica EVs

JUNE 26, 2023

The promise of low-cost EVs has been one long awaited. It was here on CleanTechnica that I first read about it, in 2018 or so, when the Osbourne effect started to be mentioned and estimates for price parity were presented, the most pessimistic of which claimed 2027 would be the date BEVs would cost the

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Baua Electric

MAY 29, 2024

BYD’s workforce is now roughly double that of Toyota’s as China’s EV leader expands overseas. 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. Electric car prices are down drastically from 2018. That’s up 13% from 2019.

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Baua Electric

MARCH 18, 2024

Ford is developing a new low-cost EV platform to power a small electric pickup and SUV, with starting prices around $25,000. Shifting to low-cost EVs Although low-cost Chinese passenger EVs, like BYD , are not sold in the US, they are having a big impact on domestic automakers.

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Baua Electric

MAY 17, 2024

However, a low-cost Volkswagen electric car is still in the plans. A new Reuters report claims Volkswagen has ended talks with Renault to build a low-cost electric version of its Twingo. Meanwhile, VW brand CEO Thomas Shafer confirmed he wants to launch a low-price EV by 2027. Volkswagen ID.3 Time will tell.

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Baua Electric

MAY 29, 2024

Another low-cost electric vehicle is headed to the US. However, the first Jeep to launch in the US, the Wagoneer S , is expected to be priced at a premium. Tavares said he expects the company’s EVs to reach cost parity with gas-powered cars within the next three years. However, this model is likely aimed at Europe.

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Green Car Congress

MARCH 6, 2020

However, despite the ongoing downturn for LFP in the passenger EV market, it remains the dominant cathode of choice for commercial and special purpose vehicle batteries in China due to its low-cost and reliability, Adamas notes. Adamas said that it views the renewed adaptation of LFP as a reflection of diversifying market needs.

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Baua Electric

APRIL 10, 2024

Kia to launch new low-cost models, including Carens EV During its recent CEO Investor Day , Kia unveiled its new roadmap to becoming an electrification leader. The move comes as Kia looks to fend off low-cost Chinese automakers like BYD. Kia expects to cover most segments with prices between $25,000 and $80,000.

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Teslarati

MAY 7, 2024

Homegrown EV companies like NIO and Xiaomi have made China a very competitive market, and automakers like BYD are saturating China with low-cost new energy vehicles (NEVs). In the beginning of April 2024, Tesla China rolled out a price increase for the Model Y’s three variants.

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EV Central

APRIL 9, 2024

Media reporting says Tesla has given up its plans of launching its entry-level Tesla Model 2 because of increased competition and the price war it is waging in China. Also applying pressure are the influx of rivals from Europe with car-makers like Renault and the Volkswagen Group announcing their own affordable EV priced at around $30,000.

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Baua Electric

MARCH 21, 2024

The American automaker is developing a new low-cost EV platform to underpin a smaller electric pickup and SUV. The American automaker is developing a new low-cost EV platform to underpin a smaller electric pickup and SUV. Tesla is also planning to launch its next-gen EV , with starting prices around $25,000.

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Teslarati

AUGUST 3, 2023

These include BYD, which outsell Tesla in China in terms of New Energy Vehicles (NEVs) sales. BYD’s sales of pure electric cars lag against Tesla’s, but in terms of raw NEV volumes, the Chinese automaker is far ahead of the American EV company.

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Baua Electric

APRIL 5, 2024

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. In response to “the slowdown in EV demand growth,” Kia plans to launch more hybrids while introducing new low-cost electric models. million in 2030.

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Baua Electric

APRIL 5, 2024

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. In response to “the slowdown in EV demand growth,” Kia plans to launch more hybrids while introducing new low-cost electric models. million in 2030.

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