Baua Electric

SEPTEMBER 2, 2024

BYD topped the 1 million EV sales mark following a record-breaking August. BYD tops 1 million in EV sales for 2024 After selling another 145,627 electric vehicles last month, BYD has now sold over 1 million EV sales in 2024. BYD has now set a new NEV sales record for three consecutive months.

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Baua Electric

AUGUST 23, 2024

China’s leading EV maker, BYD , sold more vehicles than Honda and Nissan for the first time in the second quarter. BYD is now the world’s seventh-largest automaker. With low-cost EVs hitting key global markets, BYD is quickly catching up to Ford. BYD continues slashing prices while releasing lower-cost EV models.

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The Truth About Cars

JANUARY 24, 2024

The long-rumored affordable, entry-level Tesla is almost here – maybe. Tesla reportedly alerted suppliers that it would start building a mass-market compact crossover in the middle of 2025, which would become one of the most affordable electric models on sale if it becomes a reality.

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Baua Electric

JUNE 3, 2024

Ford CEO Jim Farley wants the company to deliver affordable EVs like Henry Ford did with the Model T. After China’s bet on EVs “paid off” so far, Ford wants to compete with the best, including BYD. Ford moves to affordable EVs Farley believes its next-gen EVs will “not only be profitable, but also affordable for most Americans.”

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Baua Electric

MARCH 6, 2024

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.

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Baua Electric

SEPTEMBER 17, 2024

Even with the new 100% tariff on electric vehicles imported from China, BYD would still have the cheapest EV in the US. According to a new report, BYD’s lowest-priced EV would still undercut all US automakers at under $25,000. However, BYD has been building its supply chain for much longer.

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Baua Electric

SEPTEMBER 13, 2024

China’s BYD now has the world’s largest R&D workforce of any automaker after its latest hiring spree. With over 900,000 employees, BYD aims to continue climbing the global sales charts as it advances new tech to promote longer-range, more affordable EVs.

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Baua Electric

JANUARY 29, 2024

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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Baua Electric

APRIL 1, 2024

Ford is moving inventory after slashing prices by up to $8,100 on its best-selling electric SUV, the Mustang Mach-E , last month. A recent Cloud Theory report reveals that the price cuts are working as buyers look for more affordable EVs. New data shows sales are up while inventory is finally dwindling. billion last year.

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Baua Electric

JANUARY 12, 2024

BYD is significantly lowering EV prices in Germany to extend its global lead. The automaker slashed prices by up to 15% on its most popular EVs. BYD cuts EV prices in Germany in overseas expansion After overtaking Tesla in EV sales in the last three months of 2023, BYD aims to extend its lead in key markets.

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Baua Electric

APRIL 1, 2024

China’s leading electric car maker, BYD , recorded over 300,000 EV sales in Q1 2024, up 13% over last year. BYD EV sales rise 13% in Q1, down sequentially After topping Tesla in the last three months of 2023, BYD is doubling down in 2024. BYD’s electric vehicle production also rose 9%, with 291,730 EVs built in Q1.

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Baua Electric

JANUARY 23, 2024

Fresh off earning the crown as the best-selling brand in China, BYD has (briefly) introduced a new compact SUV to its Yuan family of EVs – one of the larger contributors to its overall sales last year. By December, we were reporting that BYD would inevitably overtake Tesla as the leader in global EV market share, which it did.

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Teslarati

FEBRUARY 1, 2023

BYD has officially begun selling EVs in Japan, joining the likes of Tesla and Nissan in selling a lineup of electric vehicles in the country. Following Tesla’s success in growing that market , BYD has now also decided to join. Following Tesla’s success in growing that market , BYD has now also decided to join.

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Baua Electric

JUNE 20, 2024

With additional tariffs expected on imported Chinese EVs, NIO says its affordable Firefly brand will still be competitive in the EU. Although it may impact sales, CEO William Li is still confident in the EV maker’s expansion plans. At the time, NIO’s president said the affordable EVs would launch in the EU in the third quarter of 2024.

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Teslarati

MARCH 14, 2023

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.

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EV Central

AUGUST 22, 2022

The newly-named BYD Automotive has announced its service network and pricing for the Atto 3 electric SUV that has just started being delivered to Australian customers. READ MORE: BYD electric hatchback set to become Australia’s cheapest EV. BYD guarantees 70 percent of the original capacity at the end of the warranty period.

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Baua Electric

JUNE 4, 2024

China’s leading EV maker, BYD , is quickly gaining ground in overseas markets. BYD opened its first store in the Caribbean as its global expansion heats up. After setting a new weekly sales record in early May, BYD nearly topped its all-time sales record last month. Of them, nearly 146,400 were fully electric.

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EV Central

AUGUST 22, 2022

The newly-named BYD Automotive has announced its service network and pricing for the Atto 3 electric SUV that has just started being delivered to Australian customers. READ MORE: BYD electric hatchback set to become Australia’s cheapest EV. BYD guarantees 70 percent of the original capacity at the end of the warranty period.

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EV Central

APRIL 2, 2024

Local executives say the numbers don’t currently add up on the Ora Sport that was expected to sell from about $60,000, popping it squarely in the crosshairs of the hot-selling Tesla Model 3 and its closest rival, the BYD Seal. The company says it plans to grow EV sales in coming years from their small base.

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Baua Electric

APRIL 5, 2024

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. After global sales slipped 2% last month, Kia is shaking things up with a new mid-to-long-term business plan. It plans to boost demand by launching a series of new affordable EVs.

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Baua Electric

JULY 29, 2024

Chevy’s Blazer EV will spearhead a new EV campaign in Brazil as GM looks to counter BYD and other surging Chinese EV makers in the region. 2024 Chevy Blazer EV RS (Source: GM) Can Chevy’s Blazer EV compete with BYD? One automaker that is ahead of the curve with this is China’s leading EV maker, BYD.

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Teslarati

FEBRUARY 14, 2023

FinDreams Technology, the battery subsidiary of BYD, has filed paperwork to establish a new battery production facility in Central China. BYD has seen rapid growth in its automotive business over the past two years. Just last year, BYD tripled its annual vehicle sales, with the vast majority of those being sold in China.

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EV Central

MAY 14, 2024

Tipped to price at or under stellar local Chinese success story BYD, Leapmotor is expected to launch here with the medium-sized C10 SUV, which will be a rival for the Tesla Model Y on size but not dollars. They have been hit in recent years by the downturn in Jeep sales and the loss of the poor performing Chrysler and Dodge brands.

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Baua Electric

APRIL 5, 2024

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. After global sales slipped 2% last month, Kia is shaking things up with a new mid-to-long-term business plan. It plans to boost demand by launching a series of new affordable EVs.

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EV Central

APRIL 17, 2023

The Ford Puma EV will be coming to Australia in 2024, adding a new compact SUV to the affordable end of the electric car market. No word on pricing, although clearly it will play at the more affordable end of the EV market. We will be bringing in a BEV Puma.”

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Baua Electric

MARCH 28, 2024

Global EV leader BYD believes new energy vehicles, including EVs and PHEVs, have entered the “knockout round” with gas-powered cars. BYD plans to more than double its overseas sales this year, as it aims for one million in 2025. For example, BYD is building a plant in Hungary that will “be Europe, for Europe.”

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Baua Electric

FEBRUARY 1, 2024

BYD is selling millions of EVs, famously outselling Tesla last year, and riding an enormous wave of success. And now, BYD is setting up its BYD-only shop in Germany. It’s a huge challenge for Chinese carmakers to make clear to Europeans that their cars are on par with Tesla, at a better price.”

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Baua Electric

SEPTEMBER 18, 2024

Foreign automakers like Toyota, Volkswagen, and GM are struggling to keep up with aggressive price cuts and an influx of new competition. After launching its new low-cost electric SUV, the EV5, Kia is already seeing the results, as brand sales in China topped 20,000 for the third straight month in August. Powered by a 64.2

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Baua Electric

MARCH 29, 2024

Leading EV maker BYD is quickly expanding overseas after dominating its home market. BYD is now set to begin production at its new EV plant in Thailand in the third quarter as it looks to accelerate overseas sales. BYD was Thailand’s best-selling EV maker last year.

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Baua Electric

MARCH 12, 2024

China’s BYD will challenge automakers in Europe with plans to triple its share in the EV market by 2025. After dominating its home market, BYD is expanding its brand overseas. BYD plans to expand EV market share in Europe BYD began selling vehicles in Europe in 2021, starting in Norway.

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Baua Electric

SEPTEMBER 18, 2024

BYD’s cheapest electric car, the Seagull, was the top-selling car in China last month, with nearly 41,000 models sold. Starting at under $10,000, the BYD Seagull even has US automakers worried. In March, BYD launched the Seagull EV Honor Edition with a “shocking price” starting at just 69,800 yuan, or less than $10,000.

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Baua Electric

APRIL 5, 2024

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. Hyundai, Kia top Ford, GM in EV sales with affordability After the IONIQ 5 was the sixth best-selling EV in the US last year with nearly 34,000 units sold, Hyundai (and Kia) are starting the year strong in the US. 361 $43,656 SEL RWD 77.4

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EV Central

SEPTEMBER 23, 2024

The 2024 MG4 hatch is officially Australia’s most affordable EV following discounts of up to $10,425 which have been applied to the entry model, but value-driven buyers are urged to act quickly as the latest offer expires on October 31. The post Bargain electric car now $10k cheaper!

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Baua Electric

APRIL 9, 2024

After selling nearly 35,000 Seagull models in March, cumulative sales of BYD’s cheapest electric car topped 360,000. BYD sells over 360,000 units of its cheapest electric car BYD launched the Seagull on April 26, 2023. BYD is launching the Seagull as the “Dolphin Mini” in overseas markets. An EV for under $10,000?

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Baua Electric

JANUARY 26, 2024

The BYD Tang is already due for an upgrade in Europe. Despite launching in Europe less than a year ago, BYD ‘s Tang is getting a bigger battery for more range and more. Although BYD launched its Tang EV in Norway in 2020, the electric SUV began rolling out in Germany, the Netherlands, and other major European markets last year.

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EV Central

FEBRUARY 8, 2024

EVCentral’s Korean Casper test Developed to an ultra-low price of “less than €20,000” ($A33,000), Hyundai hopes the Casper EV will democratise electric cars in Europe, while fending off the new wave of cheap electric cars from the likes of MG and BYD. Just build it! appeared first on EV Central.

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Teslarati

MAY 30, 2024

BYD and other Chinese automakers have studied the European auto market for years. BYD’s strategy to take over Europe was recently revealed in a report by Reuters. Below are the strategies BYD and Chinese automakers are implementing to deploy their vehicles in Europe. “In China, the purchase price is important.

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