Remove Chinese Remove Fully Electric Remove Manufacturer Remove Thailand
article thumbnail

BYD to kick off EV production at new Thailand plant in Q3 as overseas expansion accelerates

Baua Electric

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 set to begin EV production in Thailand in Q3 After showcasing its full range of brands at the Bangkok Auto Show this week, BYD said it will kick off EV production in the country in Q3.

article thumbnail

BMW Group enters long-term €2B supply contract with Northvolt for battery cells from Europe

Green Car Congress

This applies in particular to energy-intensive production of high-voltage batteries for electric vehicles. That is why we now have a contractual agreement with our cell manufacturers that they will only use green power to produce our fifth-generation battery cells. More than half of the 25 models will be fully electric.

BMW 239
article thumbnail

BMW boosts CATL battery order to €7.3B, signs €2.9B battery order with Samsung SDI

Green Car Congress

The BMW Group is deepening its existing business relationships with battery cell manufacturers CATL (Contemporary Amperex Technology Co. billion for the Chinese production site of the BMW Brilliance Automotive Ltd. The BMW Group has also localized battery production in Thailand and is working with the Dräxlmaier Group in this area.

BMW 220
article thumbnail

Mercedes-Benz will be producing 8 all-electric EQ models in 2022

Green Car Congress

With the production launch of the electric compact SUV EQA at the Rastatt plant (Germany) and the current decision to locate EQB production in the Hungarian plant in Kecskemét, the company is taking further important steps toward making its product portfolio CO? We are now beginning a real Mercedes-EQ fireworks display.

Mercedes 259
article thumbnail

Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Chinese car makers can undercut rivals in Europe because their production costs are heavily subsidised. million EVs in 2023 In China, the number of new electric car sales reached 8.1 This is markedly more than the previous year – car exports were almost 65% higher than in 2022, and electric car exports were 80% higher.