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Hyundai Motor, including Kia top Ford and GM in US EV market with affordable EVs

Baua Electric

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. With low-cost electric cars, Hyundai Motor , along with Kia, surged past American automakers Ford and GM in the US EV market in the first three months of 2024. And that’s including gas-powered cars. 361 $43,656 SEL RWD 77.4

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Hyundai to begin production of Casper mini EV for Europe in July: report

Teslarati

Hyundai is reportedly looking to launch an affordable electric version of its Casper mini SUV in Europe later this year, which is expected to rival other small electric vehicles (EVs) in the market. Hyundai is currently building a new EV factory in South Korea , which broke ground in November and is expected to cost around $1.5

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Tesla Just Had Its Best Year, but Still Got Passed By BYD

The Truth About Cars

Despite that success, the company fell behind Chinese automaker BYD for the first time. While Tesla enjoyed the top EV sales spot for a long time, Chinese automakers have rapidly gained ground. BYD surpassed Tesla, but GAC Aion and SAIC-GM-Wiling are not far behind.

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Tesla Model Y and BYD Atto 3 lead the way as Chinese-built electric vehicle sales soar in Australia

EV Central

It is also a big reason the popularity of Chinese-made cars is exploding in Australia, as both the Model 3 and Model Y are made in Shanghai. Chinese cars sit number three behind Japan and Thailand in terms of popularity in Australia. That tally will spiral when the BYD Dolphin arrives.

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BYD expects at least $4 billion in net income from surging EV sales

Baua Electric

After a record EV sales year, BYD expects to rake in at least $4 billion in net income. BYD forecasts its profits rising at least 75% last year. BYD expects at least $4 billion in 2023 net income BYD sold nearly 1.6 After dominating its home market and the world’s largest for EVs, BYD is quickly expanding overseas.

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Asian EV Manufacturers You Should Know

Clean Fleet Report

Most people are aware of key players like Hyundai and Nissan, but there are so many other EV manufacturers that are taking over Asia—and possibly set to conquer the international market, including the U.S. BYD Auto BYD Auto is currently the top-selling EV manufacturer in the world, having overtaken Tesla in late 2023.

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Cheaper than a BYD Dolphin or MG4! New Renault Twingo to be reinvented as $33,000 electric vehicle

EV Central

Pictures and first details of the all-new Renault Twingo EV have been released ahead of its 2026 debut with the French car-maker announcing that the small hatch will be reincarnated as the brand’s most affordable EV yet. 2 and at least two affordable rivals from the Hyundai and Kia.

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