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BYD makes brand debut in Uzbekistan, starts local pre-sales of 3 models

CN EV Post

BYD held a brand debut and product pre-sale event in Uzbekistan on March 16, and several of its local dealership stores are set to open this month, according to a press release Friday. It is worth noting that BYD has already made some previous moves to pave the way for its long-term growth in Uzbekistan.

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

Baua Electric

The company announced Friday its investment will create a significant number of jobs while bringing advanced EV manufacturing tech to the region. The automaker solidified its commitment to the region as Thailand works toward its goal of having 30% of vehicles manufactured in the country to be electric.

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Mercedes CEO Says Brand Sticking With China for the Long Haul

The Truth About Cars

& This puts Germany in a difficult position, especially automotive manufacturers. However, America seems increasingly interested in distancing itself from the nation while Germany has grown more reliant on the Chinese market. During the corona years, the wealthier Chinese in particular made extraordinary savings," Kallenius said.

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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. New subsidies, including for domestic battery manufacturing, and lower import and excise taxes, combined with the growing presence of Chinese carmakers, have contributed to rapidly increasing sales. China exported over 1.2

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China’s EV brands are coming to bury US automakers—or are they? – Charged EVs

Baua Electric

We EV pundits have been writing about the rise of the Chinese EV industry for years. In recent weeks, the mainstream press has picked up on the story—many articles describe the coming wave of Chinese exports in apocalyptic terms. The company now has enough production capacity in China to manufacture four million cars per year.