Baua Electric
JANUARY 22, 2024
Back in September, the EU launched an investigation into the Chinese EV industry, as European companies are struggling to compete with the cheap, high-tech Chinese imports, made by low-cost labor, entering the EU.
Tony Karrer Delicious EVdriven
APRIL 16, 2009
Today BYD employs 130,000 people in 11 factories, eight in China and one each in India, Hungary, and Romania. They generate fewer greenhouse gas emissions than cars that burn gasoline, and they have lower fuel costs, even when oil is cheap. near Motorola, and another 20 or so work in San Francisco, not far from Apple.
Tony Karrer Delicious EVdriven
APRIL 16, 2009
Today, BYD employes 130,000 people in 11 factories, either in China and one each in India, Hungary and Rumania. The Shenzhen manufacturing region, where the company is headquartered, is known for cheap unskilled labor, but BYD’s competitive advantage derives from its cheap skilled labor.
EV Sales
MARCH 22, 2021
Most of this was driven by Europe, where strict cash penalties levied directly on automakers, for each ICE (internal-combustion engine) sold, came into effect January 2020 — and simply worked! Since the general auto market remained slumped, global EV market share increased nicely from 2.8% in 2019 to 4% in 2020.
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