Remove tag
Remove Affordable Remove BYD Remove Chinese Remove Sale
article thumbnail

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.

BYD 52
article thumbnail

It’s another Chinese Tesla Model Y crusher! Meet the 2024 fast-charging long-range Onvo L60

EV Central

Rising Chinese car-maker Nio has launched Onvo, the first of two new electrified brands it has created to battle mainstream car-makers such as Tesla and Volkswagen. And surprise, surprise, the first model is an SUV named the Onvo L60 designed to steal sales from the Tesla Model Y. Then there is its ultra-fast charging. ” Lovely.

Chinese 85
article thumbnail

Tesla Model Y remains China’s top-selling premium SUV after February 2023 sales

Teslarati

The Tesla Model 3 also nabbed a top spot in February 2023 NEV sales. The BYD Tang DM followed Tesla with 10,783 units sold. Tesla dominated NEV sales for models priced between RMB 200,000 ($29,138.80) and RMB 300,000 ($437,08.20). BYD has a monthly production capacity of 1,000 units for the Tang DM.

SUV 98
article thumbnail

Target BYD Atto 3! China’s Chery Omoda E5 wants a big slice of the affordable electric SUV action

EV Central

Give the BYD Atto 3 something to think about! That’s the task BYD’s rival Chinese brand Chery has set its incoming Omoda E5 electric compact SUV. On-sale from July, the Omoda E5 will be the first battery electric model brought into Australia by Chery since it launched here in early 2023. The post Target BYD Atto 3!

Chery 102
article thumbnail

GAC Aion Hyper GT introduced in China with 340 hp and swappable battery. Begins at 30,370 USD

Baua Electric

It’s going to compete with the BYD Seal, Xpeng P7, Neta S, Tesla Style 3, Emerging F7, Deepal SL03 and somewhat a batch of alternative opponents. Recently, GAC is among the maximum customery NEV (Brandnew Power Car) model at the Chinese language automobile marketplace. And the BYD Seal additionally begins on the identical ticket.

China 52
article thumbnail

VW Chief Executive Says Company Will Introduce EVs Based on the Up! New Small Family in 2013; Cautions Against Electro-Hype

Green Car Congress

Within a decade, he added, Volkswagen wants to offer significant numbers of pure electric cars at affordable prices and with the range expected by customers. Although Volkswagen sales were down 5.1% for the first half, in June unit sales rose 6%. The everyday, affordable and safe electric car for everyone is feasible.

2013 150
article thumbnail

China puts its electric vehicles on center stage - China automotive news

Tony Karrer Delicious EVdriven

Some of the new and updated models, such as a battery-powered version of Geelys Panda hatchback, may hit the market as early as October, and in some cases they might carry price tags low enough for farmers and other rural residents with limited financial means. Brilliance Jinbei Automobile Co. and Chery Automobile Co. Great Wall Motor Co.,

China 28