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

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

Baua Electric

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.

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

Baua Electric

Although BYD launched its Tang EV in Norway in 2020, the electric SUV began rolling out in Germany, the Netherlands, and other major European markets last year. It’s also one of the few electric SUVs on the market with the option for seven seats, like the Tesla Model Y. It’s already a leader in Thailand, Brazil, and Columbia.

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Report: Mitsubishi Planning Dealer Expansion, More Models for U.S.

The Truth About Cars

With new vehicle prices having surpassed parody, any automaker building affordable vehicles may soon find themselves getting a lot of attention from customers who just want something that will work for under $40,000 and that’s basically all Mitsubishi sells. Truly affordable sporting vehicles seem to be evaporating.

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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

According to the official VFACTS figures, there were 3330 examples of the battery electric SUV sold in Australia last month. Chinese cars sit number three behind Japan and Thailand in terms of popularity in Australia. Add in 604 Model 3 sedan sales and Tesla claimed eighth overall in July with 3934 sales.

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BYD is now shipping its own EVs as first cargo ship heads to Europe

Baua Electric

BYD is already a leader in key auto markets like Thailand , Brazil, and Columbia. Meanwhile, BYD is aiming for Tesla’s sweet spot with several mid-size electric SUVs to compete with Tesla’s Model Y. The electric SUV starts at $27,000 (189,800 yuan) with up to 411 mi (662 km) CLTC range. The BYD Explorer No.

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