EV Central

MARCH 24, 2024

Designed to help both Honda and former EV pioneer, Nissan, play catch up with brands like Tesla and emerging Chinese rivals, the new arrangement follows shortly after Honda terminated its proposed EV venture with General Motors. Honda dumps GM, plans new family of affordable electric cars with Nissan appeared first on EV Central.

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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

MARCH 20, 2024

According to a new report, the Hyundai IONIQ 6 is the only EV on the market offering fast charging in under 20 minutes, over 350 miles range, and at an affordable starting price. And you get all of this starting at an affordable starting price of as little as $38,650. 361 $43,656 SEL RWD 77.4 305 $46,365 Limited RWD 77.4

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Teslarati

JUNE 27, 2022

Chinese electric vehicle sales have hit 31 percent of the overall market, with 25 percent being pure EVs, a substantial growth year-over-year. According to a report by CleanTechnica , sales of electrified vehicles in May hit 31 percent of the overall market with 25 percent being fully electric vehicles.

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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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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. Although BYD has established itself as a low-cost EV maker, it’s expanding into new segments.

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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. Kia to launch new low-cost models, including Carens EV During its recent CEO Investor Day , Kia unveiled its new roadmap to becoming an electrification leader. It’s expected to start at around $35,000.

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Teslarati

AUGUST 3, 2023

These include BYD, which outsell Tesla in China in terms of New Energy Vehicles (NEVs) sales. BYD’s sales of pure electric cars lag against Tesla’s, but in terms of raw NEV volumes, the Chinese automaker is far ahead of the American EV company. India is an increasingly important market in the auto industry.

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Baua Electric

MARCH 29, 2024

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’s general manager of its Asia-Pacific Sales Division said people were lining up to purchase the car after hitting its 10K sales goal in just 42 days. It will rival Tesla’s entry-level $25,000 EV.

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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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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. BYD can offer low-cost EVs, like the new Seagull , starting under $10,000 (69,800 yuan) and still make a profit.

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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. VW Passenger Cars CEO Thomas Shaefer said the decision is to reduce costs. Shaefer told auto motor and sport only 80% of the maximum forecast sales volume for new models will be planned for production.

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Baua Electric

FEBRUARY 7, 2024

BYD officially entered Japan’s auto market last January, launching its affordable Atto 3 (Yuan Plus in China) electric SUV. In September, BYD launched another low-cost EV , its Dolphin electric hatch. The Chinese automaker already accounted for over 1% of Japan’s total auto sales last month. Starting at ¥3.63

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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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Baua Electric

FEBRUARY 6, 2024

Now this is important because we made a bet in silence two years ago, we developed a super-talented skunkworks team to create a low-cost EV platform,” said Farley. “It To get there, or anywhere close, at the present trajectory, Ford would need a much more affordable, mass-market EV.

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Teslarati

APRIL 23, 2024

Low cost, simple, and it just works. Elon Musk noted that he believes Tesla will have higher sales this year compared to last year. The analyst asked a follow-up question about Chinese competitors, which could copy Tesla’s vehicles. “I don’t know what our Chinese competitors can do,” he said. .

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Clean Fleet Report

OCTOBER 21, 2021

It’s a robust list of a variety of models–the majority of which are focused on the hot crossover segment–with total sales of more than 150,000 from six major automaker groups. This list is subjective and weighted toward functionality with an emphasis on fun, but also factors in sales numbers.

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Tony Karrer Delicious EVdriven

APRIL 22, 2009

Electric vehicles are "definitely affordable and environmentally friendly technology, and we think theres a huge potential market in China for them," Li Shufu, Geelys chairman, said in an interview Monday. Chevrolet Volt plug-in hybrid, which is expected to sell for $40,000 when it goes on sales in the U.S. in late 2010.

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The Truth About Cars

FEBRUARY 14, 2024

Despite frequently marketing itself as a purveyor of all-electric luxury vehicles, BYD actually has a slew of affordable EVs targeting the mass market. It likewise produces plug-in hybrids, with the extremely affordable Qin Plus sedan being its most-popular product. Overall, 1.36 Image: BYD Auto] Become a& TTAC insider.

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Tony Karrer Delicious EVdriven

APRIL 16, 2009

Why hes banking on an obscure Chinese electric car company and a CEO who - no joke - drinks his own battery fluid. The E6 will hit the Chinese market later this year. The deal, which is awaiting final approval from the Chinese government, didnt get much notice at the time. EMAIL | PRINT | SHARE | RSS DIGG FACEBOOK DEL.ICIO.US

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Teslarati

APRIL 24, 2024

These new vehicles, including more affordable models, will use aspects of the next-generation platform as well as aspects of our current platforms and will be able to be produced on the same manufacturing lines as our current vehicle lineup. That’s our mission to get the most affordable cars to customers as fast as possible.

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Tony Karrer Delicious EVdriven

APRIL 21, 2009

GM has announced plans for public sales in 2010, and almost every carmaker now says it will sell PHEVs or highway-speed battery electric vehicles (BEVs) sometime after 2010. Committed to sales of 10,000 or more vehicles in late 2010, with increasing production in 2011. Expected deposits in 2009 and first sales in CA in 2010.

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