Remove Affordable Remove Auto Remove Chinese Remove Toyota
article thumbnail

Kia mulls EV plant in Thailand to take on Toyota and BYD with affordable electric cars

Baua Electric

Can Kia challenge Toyota, which has dominated the market in Thailand, with affordable EVs? 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. Meanwhile, Kia has bigger (or, smaller and more affordable) plans.

article thumbnail

Ford plans affordable small electric pickup and SUV, starting around $25,000

Baua Electric

Amid a flood of new competition, Ford is shifting plans to build more affordable electric vehicles. 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. FTC: We use income earning auto affiliate links.

article thumbnail

Nissan and Honda may team up to slash EV prices and take on Chinese automakers like BYD

Baua Electric

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. FTC: We use income earning auto affiliate links.

BYD 52
article thumbnail

EVs reach 90% market share in Norway as the overall auto market falters – Charged EVs

Baua Electric

of the entire auto market. Joining Model Y on the podium were the Toyota bZ4x and Volkswagen ID.4, The steady rise of EVs is occurring against a backdrop of slower overall auto sales. Legacy vehicles are subject to heavy taxes, but there are few affordable electric models.

Norway 52
article thumbnail

Chinese-made cars account for one in five BEV sales in February in Europe | Autocar Professional

Baua Electric

Chinese-made cars drive growth In Europe, sale of cars made in China saw the highest levels of year-on-year growth in February 2024 (+45%) and in January-February 2024 (+43%). Munoz added: “Chinese brands still have a long way to go before they occupy a significant part of the European market.

Chinese 52
article thumbnail

Tesla and local EV makers are leaving veteran auto in China’s electric car segment

Teslarati

Tesla is the only foreign carmaker allowed to operate a factory in China without a local partner, and since then, Giga Shanghai has become a point of pride of sorts for the country’s auto manufacturing sector. In a way, it appears that veteran auto’s pedigree is starting to not matter very much, in China at least. .

Auto 98
article thumbnail

BYD takes 20% of Japan’s EV imports in January after launching just last year

Baua Electric

Watch out, Toyota. After launching just last year, BYD is already making its presence known as Japan lags behind the auto industry’s shift to electric. BYD officially entered Japan’s auto market last January, launching its affordable Atto 3 (Yuan Plus in China) electric SUV. Starting at ¥3.63

BYD 52