Baua Electric

MARCH 12, 2024

China’s BYD will challenge automakers in Europe with plans to triple its share in the EV market by 2025. After dominating its home market, BYD is expanding its brand overseas. BYD plans to expand EV market share in Europe BYD began selling vehicles in Europe in 2021, starting in Norway. share of Europe’s EV market.

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Teslarati

APRIL 11, 2024

The new Model Y variant currently stands as the second most-affordable and longest range variant of the all-electric crossover. The Model Y Long Range RWD starts at 48,990 euros ($52,500), making it the second most affordable variant of the vehicle in the countries where it is offered.

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Baua Electric

MARCH 29, 2024

Leading EV maker BYD is quickly expanding overseas after dominating its home market. The fully electric BYD Atto 3 SUV was the top-selling electric model, with over 19,200 units delivered. Toyota’s sales are down over 24% in Thailand through February as EV makers like BYD continue stealing market share.

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Baua Electric

MARCH 21, 2024

Audi plots a new lower-cost EV, an electric A3 or Q3 After unveiling the new Q6 e-tron this week, its next-gen premium mid-size electric SUV, Audi, is planning a smaller, lower-cost EV. 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

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Baua Electric

JUNE 17, 2024

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.

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Baua Electric

MARCH 28, 2024

As new electric cars roll out in China, BYD sees joint venture brands (overseas automakers) market share falling from 40% to 10%. For example, BYD is building a plant in Hungary that will “be Europe, for Europe.” In response, Ford is shifting from larger to smaller, more affordable EVs. Its main target is gas-powered vehicles.

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Baua Electric

FEBRUARY 1, 2024

Just over a week after initially teasing a new compact SUV called the Yuan Up, Build Your Dreams (BYD) has posted several of the first official images of the new EV’s exterior. The auto conglomerate knows it has an image problem in Europe and North America and is trying to shift the narrative by exporting more enticing models to new markets.

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