Remove Affordable Remove Auto Remove Chinese Remove Volvo
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

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

Baua Electric

of the entire auto market. 4, followed by the new Volvo EX30 , and two old favorites, the Nissan LEAF and Hyundai Kona. 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

Volvo delays EX30 SUV due to software glitches

Baua Electric

Volvo EX30 Outland edition in Chrystal White (Source: Everland Customs) EV drivers looking to get behind the wheel of their new Volvo all-electric SUV EX30 may have to wait a bit longer as Volvo works to resolve some software glitches before delivery – the second time a Volvo EV launch has been delayed due to software.

Volvo 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

A new luxury EV IPO from Geely is reportedly in the works

Teslarati

Geely, a Chinese auto group, is reportedly pursuing an initial public offering in the United States for its new luxury EV brand, Zeekr. Zeekr was established in 2021 alongside its 001 crossover vehicle at the Shanghai Auto Show, but very little is known about the brand or its first vehicle(s).

Chinese 123
article thumbnail

Volkswagen’s $27,000 ID 2all electric vehicle may come later than expected

Baua Electric

According to a local media report, Volkswagen is delaying volume production of the affordable electric car. Volkswagen’s ID 2all EV production is being delayed A report from the German magazine auto motor und sport claims that Volkswagen’s ID 2all will go into mass production in May 2026 rather than 2025.

article thumbnail

Here’s how China’s BYD is working on its image problem

Baua Electric

While European automakers have been shifting over to direct sales à la Tesla, China’s BYD, for Build Your Dreams, along with Chinese peers Xpend and Great Wall Motor are looking to dealers to build sales and provide networks to help their brands build solid reputations and trust among Europeans. Last year, the company sold 1.6

BYD 52