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BYD to kick off EV production at new Thailand plant in Q3 as overseas expansion accelerates

Baua Electric

Leading EV maker BYD is quickly expanding overseas after dominating its home market. BYD Atto 3 production (Source: BYD) After beginning production at its Uzbekistan plant in January, BYD is building new facilities in Hungary and Brazil as it expands the brand overseas. Its first low-cost EVs will be a smaller pickup and SUV.

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Audi is the latest automaker to reveal plans for a lower-cost EV

Baua Electric

Audi Q6 e-tron quattro (Source: Audi AG) The race for more affordable EVs The new lower-cost Audi EV is “not a four-metre car,” according to Döllner. “We Ford is shifting its plans to smaller, more affordable EVs. The American automaker is developing a new low-cost EV platform to underpin a smaller electric pickup and SUV.

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BYD says EVs have entered the ‘knockout round’ with next-gen tech rolling out

Baua Electric

BYD can offer low-cost EVs, like the new Seagull , starting under $10,000 (69,800 yuan) and still make a profit. Its next-gen DM-i system will enable an even more range at a lower cost. As new electric cars roll out in China, BYD sees joint venture brands (overseas automakers) market share falling from 40% to 10%.

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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.

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