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Kia mulls EV plant in Thailand to take on Toyota and BYD with affordable electric cars

Electrek

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.

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Kia mulls EV plant in Thailand to take on Toyota and BYD with affordable electric cars

Baua Electric

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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BYD expects at least $4 billion in net income from surging EV sales

Baua Electric

BYD is already leading in growing EV markets like Thailand, Brazil, and Columbia. BYD Atto 3 (Source: BYD) The company, which started as a battery maker, is expanding the brand with affordable EVs like the Dolphin electric hatch and Atto 3 (Yuan Plus in China) SUV.

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Tesla Model Y and BYD Atto 3 lead the way as Chinese-built electric vehicle sales soar in Australia

EV Central

Chinese cars sit number three behind Japan and Thailand in terms of popularity in Australia. It is also a big reason the popularity of Chinese-made cars is exploding in Australia, as both the Model 3 and Model Y are made in Shanghai. Add in hybrids and plug-ins and the combined electrified share of the market was 17.9

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Mitsubishi Mirage to Be Discontinued by 2025

The Truth About Cars

Cox’s claim that the Mirage was the only vehicle to sell below $20,000 in July must mean dealerships are either marking up base model Kia Rios and Nissan Versas or simply not having any shipped to their lots. liter (making just 78 horsepower and 74 pound-feet of torque), still makes the little hatchback incredibly affordable to own.

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BYD upgrades Tang electric SUV with more range to rival Tesla’s Model Y

Baua Electric

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, which started as a battery maker, even outsources its batteries to Tesla, Toyota, Ford, Kia, and others. It’s also expanding in Mexico, Australia, India, and more.

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