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

Baua Electric

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. BYD is pressuring legacy automakers after slashing EV prices and introducing a series of more affordable “Honor Edition” models.

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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. For example, BYD is building a plant in Hungary that will “be Europe, for Europe.” The 30% offers room for Chinese brands to grow.

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

Tony Karrer Delicious EVdriven

In October a BYD sedan called the F3 became the bestselling sedan in China, topping well-known brands like the Volkswagen Jetta and Toyota ( TM ) Corolla. BYD has also begun selling a plug-in electric car with a backup gasoline engine, a move putting it ahead of GM, Nissan, and Toyota. we could not afford to do anything like this."

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