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BYD opens shop in the Caribbean with 10 new markets planned by the end of 2024

Baua Electric

BYD opened its first store in the Caribbean as its global expansion heats up. With 331,817 new energy vehicles (EVs and PHEVs) sold in May (+38% YOY), BYD posted its second-highest sales month ever. BYD launched the “Dolphin Mini” (as it’s called overseas) in Brazil, starting at around $20,000 (99,800 BRL). Powered by a 29.58

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BYD nearly tops all-time sales record in May as EV price cuts boost demand

Baua Electric

With 331,817 NEVs (EVs and PHEVs) sold last month, BYD is closing in on its all-time sales record. This is the third straight record PHEV sales month. BYD has sold 685,960 PHEVs so far this year, up 35% from the 507,862 sold at this time last year. The automaker claims its thermal efficiency (+46%) is the highest globally.

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BYD’s workforce nearly doubles Toyota’s amid China’s booming EV market

Baua Electric

According to the IEA’s Global Electric Vehicle (EV) Outlook 2024 , China accounted for 60% of all EV and PHEV sales globally last year. In 2023, new energy vehicle (EVs and PHEVs) registrations reached 8.1 Through April, BYD has sold over 434,500 EVs globally. million in China, up 35% year over year (YOY).

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BYD to build new $1.2B battery factory in China

Teslarati

Using an LFP chemistry , BYD advertises the battery as a more affordable, faster charging, and more durable option compared to more traditional NMC battery chemistries. BYD’s new battery production follows a string of announcements that BYD would be entering numerous global markets. What do you think of the article?

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BYD Q1 EV sales top 300,000, but is it enough to maintain a lead over Tesla ?

Baua Electric

Meanwhile, plug-in hybrid sales were up 14.5%, with 324,284 PHEVS sold. BYD Dolphin Mini (Seagull) launch in Brazil (Source: BYD) The average Wall St consensus is around 458,500. If true, Tesla will take back the title of global EV leader. In the first three months of the year, BYD sold 300,114 fully electric vehicles, up 13.4%

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BYD sold over 360,000 Seagull EV models in under a year as its cheapest electric car

Baua Electric

The low-cost EV landed in Brazil earlier with a starting price around $20,000 (99,800 BRL). BYD Dolphin Mini (Seagull) testing in Brazil (Source: BYD) According to BYD’s UK Marketing Manager, Mark Blundell, the automaker is “keen to have” the Seagull launch in the region.

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Global WorldAutoSteel Project Presents Interim Results of FutureSteelVehicle (FSV) Phase 2 Project for Low GHG Body Structure for Electrified Vehicles

Green Car Congress

WorldAutoSteel,the automotive group of the World Steel Association, has presented findings on the progress of FutureSteelVehicle (FSV) Phase 2, a global steel industry effort to develop advanced high-strength steel (AHSS) architectures for electrified vehicles that reduce life cycle greenhouse gas (GHG) emissions.