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. The ball is in their court.”

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Thailand Kia Affordable BYD 52

Baua Electric

JANUARY 29, 2024

In the last three months of the year, the Chinese automaker overtook Tesla as the largest global EV maker as it expanded the brand. BYD is already leading in growing EV markets like Thailand, Brazil, and Columbia. It even outsources its batteries to Tesla, Toyota, Hyundai, Kia, Ford, and several others.

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BYD Sale Thailand Affordable 52

The Truth About Cars

AUGUST 15, 2023

Mitsubishi said it will introduce nine new electrified models globally during the next five years and plow $10 billion into electrified vehicles and battery production through 2030. It’s one of the brand’s biggest markets and it’s also a source of relatively cheap labor — ensuring the Mirage can be a competitively priced global product.

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Mitsubishi North America Kia Nissan 98

Baua Electric

JANUARY 26, 2024

Despite this, BYD overtook Tesla as the top global EV maker in the last three months of 2023. It’s already a leader in Thailand, Brazil, and Columbia. Unlike many EV makers, BYD can afford to lower prices as it builds nearly all components in-house. BYD Tang EV (Source: BYD) BYD is giving its Tang a bigger battery.

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BYD SUV Range Thailand 52