EV Central

APRIL 9, 2024

According to Reuters multiple sources behind the scenes have confirmed the affordable EV is no longer happening with resources switched to developing self-driving robotaxis. Tesla has admitted it is struggling at the moment with overall sales down eight per cent year-on-year while Chinese rivals like BYD are reporting record sales.

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The Truth About Cars

APRIL 11, 2024

The country’s tech, automotive, and manufacturing industries have become juggernauts in their respective sectors, and the Chinese auto industry has solidified itself as a global force. Even so, American companies like Tesla face an uphill battle competing with Chinese automakers as it goes back and forth with BYD for world sales records.

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Baua Electric

JANUARY 11, 2024

After overtaking Tesla in global EV sales in the last three months of 2023, BYD looks to continue its expansion. 1 is the first Chinese-made ship designed to carry domestic EVs overseas. And it’s headed for Europe. The next stop will be Shenzhen, where it will load vehicles before setting sail to Europe.

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Teslarati

JUNE 4, 2021

Tesla’s rumored sales slump in China doesn’t seem to be a worry of Cui Dongshu, the Secretary General of the Chinese Passenger Car Association. Yesterday, reports of a halving of Tesla’s sales in China ran a riot on the automaker’s stock. Tesla stock plummeted after the reports. What do you think?

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EV Central

DECEMBER 15, 2023

Created to be “affordable to the masses” it’s thought the new EV could be built on a new architecture that will slash costs further than cars based on the VW Group MEB, or the Renault’s CMF-EV architectures. An entry EV will also help prepare for the next wave of bargain-priced EVs that are already on sale in China.

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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. In the last three months of the year, the Chinese automaker overtook Tesla as the largest global EV maker as it expanded the brand. It also recently launched new models in Europe, Mexico, Australia, India, and others.

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Baua Electric

FEBRUARY 1, 2024

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

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Baua Electric

JULY 3, 2023

As a part of its EV push, the emblem is rolling out a pay-as-you-go program in Europe, the place consumers pays a per 30 days and per-kilometer rate for its e-208 fashion. But because the shift to EVs continues, Ecu automakers are below rising drive to form upper feature cars extra affordably.

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Green Car Congress

DECEMBER 1, 2021

Packs in the US and Europe cost 40% and 60% higher, respectively. Since September, Chinese producers have raised LFP prices by between 10-20%. This would impact EV affordability or manufacturers’ margins and could hurt the economics of energy storage projects.

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Clean Fleet Report

FEBRUARY 13, 2024

The VinFast VF 8–now on sale in the U.S. A number of dealerships have already sprung up across Europe, so it’s possible BYD cars could soon become a more common sight in the West. Their affordability could potentially make them a popular choice as more car owners look to buy an EV on a tight budget.

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Baua Electric

MARCH 20, 2024

Some years ago, the government set a goal of 100% electric sales by 2025, and that goal is well within sight. Its sales were about equal to those of the next 7 models combined. The steady rise of EVs is occurring against a backdrop of slower overall auto sales. The days of ICE vehicles in Norway are numbered. year-on-year.

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Baua Electric

MAY 9, 2024

Chinese battery makers grew faster than rivals to account for more than two-thirds of global EV battery capacity last year, according to data from consultancy Counterpoint Research. Automotive battery manufacturers have been hit by slowing growth in EV demand in the United States and Europe and cut-throat competition in China.

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The Truth About Cars

SEPTEMBER 29, 2023

According to Reuters , regional demand for both models has declined as Chinese EVs have started to become commonplace in Europe. 3 technically is a Chinese-made EV. It’s easy to claim something is enjoying a massive increase in sales when it’s a novel model starting from a modest production run. Both the ID.3

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Baua Electric

MARCH 7, 2024

The proposed joint venture gave Stellantis a 51% stake in the JV with the goal of expanding its portfolio of lower cost EVs in markets of Europe. Following the initial signing by both automakers, Stellantis said the venture was targeting 500,000 EV sales outside of the Chinese market by the end of the decade.

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Plug In India

DECEMBER 7, 2021

By Abhishek & Kamlesh ​ In this episode of Electric Car watch, we will talk about the Chinese electric car that is beating Tesla in EV sales. But do remember that this is after the Chinese government subsidy. ​ Europe Sales! Now the interesting thing is the car is now going to Europe.

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Teslarati

JULY 12, 2021

According to China web media researcher @DKurac , a Tesla Beijing sales consultant estimated that MIC Model Y SR orders hit more than 10,000 on the first day of sales and more than 5,000 on the second day. In May, MIC Model Y sales in China beat MIC Model 3 sales. Queue are forming for appointment only test drive.

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Baua Electric

APRIL 10, 2024

With EV electric vehicle sales surging in India, several automakers are looking to grab their share. The move comes as Kia looks to fend off low-cost Chinese automakers like BYD. Kia’s new plans include introducing more hybrids while focusing on affordable electric cars. It’s expected to start at around $35,000.

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Baua Electric

APRIL 24, 2024

Chinese electric vehicle (EV) maker XPeng on Thursday said its software and artificial intelligence training upgrades will enter a “super fast cycle” from May, and that it hopes use of its platform will expand to other Asian countries and Europe.

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Baua Electric

MARCH 28, 2024

BYD plans to more than double its overseas sales this year, as it aims for one million in 2025. We reported earlier this month that BYD looks to crush gas-powered car sales with its newest platform. The 30% offers room for Chinese brands to grow. For example, BYD is building a plant in Hungary that will “be Europe, for Europe.”

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Teslarati

JANUARY 1, 2023

“If the company announces the lower-price[d] car too early, they risk slowing sales of Model 3 while ramping capacity during what is likely to be a broader auto recession,” Loup Ventures explained. Second, the Model 2 will be either a compact car or a subcompact vehicle–a popular design in Europe and Asia.

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Baua Electric

JANUARY 5, 2024

According to a local media report, Volkswagen is delaying volume production of the affordable electric car. Shaefer told auto motor and sport only 80% of the maximum forecast sales volume for new models will be planned for production. If a new model generates higher sales, VW will add extra shifts to meet the demand, Shaefer explained.

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CN EV Post

MARCH 13, 2023

The vehicles will be offered with the Salary Sacrifice program, one of the most affordable ways to lease BYD vehicles in the UK, according to the Chinese new energy vehicle (NEV) maker. Oliver Boots (left), chief commercial officer, Octopus EV, and Michael Shu, general manager of BYD Europe, at a signing ceremony.)

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Teslarati

FEBRUARY 10, 2023

percent, making them vastly more affordable for consumers. ALSO READ: Tesla price target raised by Wedbush with tax credit and China taking focus Why Tesla Model Y tax credit inclusion is good for some and bad for others Tesla dominates in California, led by Model Y The adjustments to pricing in both the Chinese and U.S.

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Baua Electric

JANUARY 15, 2024

After topping Tesla in EV sales in the final three months of 2023, BYD is not slowing down. The Chinese EV maker is now eyeing expanding its EV battery business. BYD, which began as a battery maker, has built its brand on affordable EVs like the Dolphin and Yuan Plus, both starting under $20,000 in China. The BYD Explorer No.

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Baua Electric

JANUARY 30, 2024

Volvo said yesterday that it has delayed deliveries in Europe of its EX30 all-electric SUV due to software issues, according to Automotive News Europe. Automotive News Europe got its hands on correspondence from Volvo to dealers that said the software version 1.2 million sales by 2025. wasn’t ready for release. “We

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Green Car Congress

APRIL 5, 2013

North America, Western Europe, and Latin America will show signs of faster growth (9.7%, 9.1%, and 14.4% Western Europe is currently the second largest market (behind China) with an expected 1.0 million sales in 2013 and growth to 1.9 CAGR between 2005 and 2013) in the coming years, resulting in annual sales of 33.9

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Cars That Think

MARCH 16, 2024

government recently backed down from enacting tough new measures that would have forced automakers to quadruple their sales of electric vehicles by 2030. Norway, more ambitiously still, aims to eliminate sales of new ICE vehicles by 2025. Even if Washington hadn’t buckled to outside pressure, the U.S. degrees C (2.7 degrees F).”

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Teslarati

MARCH 12, 2023

3’s expected price drop makes it more affordable than the Tesla Model Y Long Range and Performance in the United States and Europe. In Europe, Tesla sells the RWD Model Y at €44,890 before options, the Long Range starts at €54,990, and the Performance costs €64,990. China accounts for 40% of Volkswagen’s group sales.

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The Truth About Cars

JULY 27, 2023

Automotive revenue was up 47 percent this quarter, excluding revenue from the sale of regulatory credits, and sales volume jumped up a whopping 83 percent — showcasing that Tesla looks to be chasing volume, rather than trying to maximize its margins.& But meaningful headway is only being made in Europe.

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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. This compact SUV looks like it will serve mass market appeal as a small but roomy EV that should be pretty affordable to consumers.

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Baua Electric

MARCH 5, 2024

Chinese EV automaker NIO shared its Q4 2023 report today, followed by an analyst call that included some interesting updates about its plans for the year, expansion to new global markets, and the launch of not one but two EV sub-brands, including Alps. billion ($8 billion) as of December 31, 2023. compared to 2022.

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Green Car Congress

APRIL 11, 2017

Plugless continues to be the only wireless EV charger for sale to consumers in the world. In 2016 Plugless was installed on a fleet of a leading fully autonomous shuttlebus company based in Europe. 1 st production wireless EV charger to inductively charge a Chinese production EV.

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Baua Electric

MARCH 5, 2024

The Polestar 4 went on sale in Europe and Australia last month with up to 379 mi WLTP range, with sales accelerating globally. Polestar says rivals are falling into a trap with EV delays The same cannot be said for rivals like Mercedes-Benz, which drastically pulled back on its EV sales target less than two weeks ago.

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Green Car Congress

AUGUST 6, 2013

Bradley & Associates, commissioned by the Regulatory Assistance Project (RAP) and the International Council on Clean Transportation (ICCT), examines key drivers of EV adoption in the US, Europe and China, with an emphasis on vehicle charging scenarios and infrastructure. sales but well below the run-rate needed to reach the 2015 target.

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Green Car Congress

MAY 5, 2016

more affordable. The two are also working very hard, in conjunction with partner Dongfeng, to introduce a low-spec affordable EV, Ghosn said. I cannot tell you I am happy with the sales of Venucia electric, I’m not but at the same time that’s not sufficient. The China market is currently oriented toward “lower-spec” models—i.e.,

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EV Central

MAY 8, 2023

The first ground-up EV from the Chinese-owned British brand – the MG ZS electric SUV is build on the architecture of a petrol vehicle – the MG4 could be a major player at the entry-level end of the EV market. However, the MG4 appears to be arriving in Australia with a price premium compared with other parts of the world, including Europe.

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Baua Electric

FEBRUARY 7, 2024

The move to launch affordable EVs comes as several rivals announced they will do the same. Farley said Ford’s “ultimate competition is going to be affordable Tesla and the Chinese OEMs.” Ford is launching the electric Explorer in Europe.

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