Remove Affordable Remove Dealers Remove Hungary Remove Market
article thumbnail

Here’s how China’s BYD is working on its image problem

Baua Electric

But as the EV giant makes inroads outside of China, it is looking to change that, the old-school way, dealer by dealer. The strategy is to help get German EV shoppers closer to the brand, raise brand awareness, and build sales of its affordable EVs in Europe’s largest automobile market.

BYD 52
article thumbnail

Hyundai says EVs are ‘top priority’ in the US with massive $7.6B Metaplant opening soon

Baua Electric

Despite the competition pulling back, Hyundai is racing full speed ahead as it looks to close the gap with Tesla in the US electric vehicle market. 2024 Hyundai IONIQ 5 interior (Source: Hyundai) Although the battery unit will come online about a year later, it will be sourced from Hyundai’s Hungary plant.

Hyundai 52
article thumbnail

BYD shares first official images of its ultra-affordable Yuan Up SUV

Baua Electric

Expected to arrive priced in a range between $14,000-$20,000, the BYD Yuan Up has the making to be an ultra-affordable model in China, which could very well make its way over to other markets. Those dealer prices usually translate to slightly lower MSRPs for consumers once official MSRPs are locked in.

BYD 52
article thumbnail

Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

News | Markets | Technology | Personal Finance | Small Business | CNN.com RSS Newsletters Video Home Fortune 500 Technology Investing Management Rankings Warren Buffett takes charge Warren Buffett hasnt just seen the car of the future, hes sitting in the drivers seat. The E6 will hit the Chinese market later this year.

BYD 62