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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 sold over 360,000 Seagull EV models in under a year as its cheapest electric car

Baua Electric

The low-cost EV landed in Brazil earlier with a starting price around $20,000 (99,800 BRL). BYD Dolphin Mini (Seagull) testing in Brazil (Source: BYD) According to BYD’s UK Marketing Manager, Mark Blundell, the automaker is “keen to have” the Seagull launch in the region.

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BYD is launching its next-gen Blade EV battery soon with more range and even lower cost

Baua Electric

The batteries are installed in most BYD models, such as the low-cost Seagull, Dolphin electric hatch, and Atto 3 SUV. BYD’s CEO, Wang Chuanfu, said the new battery will be even smaller and lighter with the same endurance during a recent financial meeting, according to a report by Fast Technology.

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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. It also recently launched new models in Europe, Mexico, Australia, India, and others. Although BYD has established itself as a low-cost EV maker, it’s expanding into new segments.

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BYD EV sales grew nearly 50% in January as exports reached a new high

Baua Electric

Instead, BYD and Tesla need to work together “to increase the new energy vehicle ‘cake.’” ’” Although BYD is known for its low-cost EVs like the Dolphin electric hatch and Atto 3 SUV, the brand is rapidly expanding into new segments and markets. FTC: We use income earning auto affiliate links.

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Global Voices: ‘I think India is well positioned for EVs now’, says Thomas Schafer, Global CEO of Volkswagen | Autocar Professional

Baua Electric

Yeah, and I’ve been pushing them and Piyush Arora (MD of Skoda Auto Volkswagen India). Brazil has an electrification strategy and even countries that you’ve not heard of before, they’re going all of a sudden electric, so it’s debatable if you can really have a last man standing kind of policy (for India). Can they do more?

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How electric vehicles are helping gig delivery riders | Autocar Professional

Baua Electric

EVs will be the preferred mode of commute for them considering the low cost per kilometer, ease of riding and low maintenance costs. Eugene Panfilov is the Managing Director of Borzo India and Regional Director, Borzo, Brazil. Views expressed are of the author.