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. Meanwhile, Kia has bigger (or, smaller and more affordable) plans.

Thailand 52

Thailand Kia Affordable BYD 52

Baua Electric

MARCH 29, 2024

BYD is now set to begin production at its new EV plant in Thailand in the third quarter as it looks to accelerate overseas sales. BYD set to begin EV production in Thailand in Q3 After showcasing its full range of brands at the Bangkok Auto Show this week, BYD said it will kick off EV production in the country in Q3.

Thailand 52

Thailand BYD Production Uzbekistan 52

Baua Electric

JANUARY 29, 2024

After a record EV sales year, BYD expects to rake in at least $4 billion in net income. BYD is already leading in growing EV markets like Thailand, Brazil, and Columbia. Although BYD has established itself as a low-cost EV maker, it’s expanding into new segments. BYD forecasts its profits rising at least 75% last year.

BYD 52

BYD Sale Thailand Brazil 52