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BYD to shake up North American EV market with plans to enter Canada

Baua Electric

China’s BYD wants a bigger piece of the North American EV market. With plans to sell electric cars in Canada, BYD is closing in on the US. The documents (via Automotive News ) reveal that BYD has reached out to inquire about “the establishment of a new business, and the application of tariffs on EVs.”

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China auto price war: BMW dealers offer discounts of up to $14,360 for i3

CN EV Post

A rare price stampede is taking place in the Chinese auto market. Image from BMW China Weibo) As a large number of car companies in China are offering huge subsidies or price cuts, BMW is offering more than 100,000 yuan ($14,360) off its all-electric model, the i3, according to local media.

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CATL still dominates the EV battery market share in 2024, but BYD is gaining ground

Baua Electric

As global EV battery consumption continues rising, the most prominent players, including CATL and BYD, continue dominating the market in 2024. CATL still owns over a third of the market, but BYD looks to close the gap with new lower-priced EVs. of the market through April 2024. BYD ranked second with a 15.4%

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BYD breaks into Toyota-dominated Japan as EV sales climb

Baua Electric

Can BYD compete with Toyota on its home turf? According to the latest sales data, BYD accounted for nearly 3% of Japan’s EV market in the first half of 2024. BYD launched its first EV, the Atto 3, in Japan in January 2023. As always, luxury automakers like Mercedes, BMW, and Audi held the biggest share of imports.

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BYD targets Porsche, luxury EVs with its new 1,000 hp Denza Z9 GT

Baua Electric

China’s leading EV maker wants a share of the premium market with its new flagship GT. T he Denza Z9 GT is set to rival luxury automakers like Porsche and BMW. As BYD’s EV launch spree continues, it will make its official debut in less than two weeks. In 2022, BYD increased its control with a 90% stake.

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Get smart: New Smart #1 and #3 SUVs to beat BMW iX1 and Volvo EX30 on price

EV Central

When Smart returns to Australia this September, the brand’s Smart #1 and Smart #3 vehicles will be priced below both the BMW iX1 and Volvo EX30 with which it has much in common. Instead of being directly imported via Mercedes-Benz (as Smarts were up until 2015), the new range of EVs will be brought in by importer LSH Auto.

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Toyota plots new EV battery plant to fend off incoming BYD, low-cost Chinese EVs

Baua Electric

Toyota is planning to build a new EV battery plant on Japan’s “Silicon Island” to keep pace with BYD and other incoming Chinese electric car makers. Although Toyota has been one of (if not the) biggest laggards in the global shift to electric cars, the Japanese automaker realizes it needs to compete with Chinese EV makers like BYD.