Baua Electric

MARCH 12, 2024

Europe is much different from other key auto markets like China or the US, with several legislations and languages. BYD aims for a 5% share of EV sales in Europe, even before production begins in Hungary. The facility will build electric cars with battery packs built in Hungary.

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Baua Electric

JANUARY 2, 2024

The Atto-3 SUV / Source: BYD Europe It was a huge year for profits at Chinese auto behemoth BYD. BYD, the country’s dominant automaker in the world’s largest auto market, released its sales numbers yesterday. billion in the first half of last year, according to Car News China. In China, some 1.5 In China, some 1.5

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Baua Electric

JANUARY 17, 2024

The 2024 Model Y (Source: Tesla) Tesla has slashed the prices of its Model Y across Europe this morning, after it reduced prices of its Model 3 and Model Y prices in China to undercut BYD, according to CNBC. And BYD is looking to make some serious moves in Europe, and now that it will be building EVs in Hungary in the next couple of years.

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Green Car Congress

APRIL 9, 2015

Mercedes-Benz’ new compact car plant in China, housed at the company’s local production joint venture Beijing Benz Automotive Corporation (BBAC), has begun production with the German car maker’s first locally build compact car: the GLA. The GLA is, after the GLK, the second SUV that is manufactured in China.

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Baua Electric

JANUARY 19, 2024

Chinese EV behemoth BYD may bring two off-road electric SUVs sold in China to Europe that could rival the Land Rover Defender, the Mercedes G-Class, and Ford Bronco. So Europeans can get an up-close look at the SUVs, the company plans to showcase them at the Geneva auto show in February. FTC: We use income earning auto affiliate links.

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Green Car Congress

APRIL 19, 2021

The new Mercedes-Benz EQB is making its debut at Auto Shanghai 2021 this week. The market launch in China is scheduled for this year. After Europe, the international version of the EQB, produced in Kecskemét, Hungary, will be launched at the end of the year, followed by the US market launch in 2022.

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Baua Electric

APRIL 11, 2024

It’s all part of the Chinese brand’s ambitious plan to set up three brands in Europe and launch three new models for each brand, all by 2026 – yet, unfortunately, Chery wants to bring ICE vehicles along with its low-cost EVs, including a luxury gas-burning SUV brand that it already sells in China. Get started here.

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Baua Electric

FEBRUARY 1, 2024

But as the EV giant makes inroads outside of China, it is looking to change that, the old-school way, dealer by dealer. The strategy is to help get German EV shoppers closer to the brand, raise brand awareness, and build sales of its affordable EVs in Europe’s largest automobile market. FTC: We use income earning auto affiliate links.

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Teslarati

MARCH 20, 2022

Stellantis partner Samsung SDI hinted at the possibility of building a new EV battery factory in the United States. During InterBattery 2022, Samsung SDI CEO Choi Yoon-ho said that the company might build a new EV battery company in the U.S., because many auto companies have been offering us partnerships,” Choi stated. .

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Baua Electric

JANUARY 11, 2024

Choi said SK On is considering manufacturing LFP batteries in Europe or China. SK On has production sites in the United States, South Korea, Hungary, and China. “When you build up the LFP factory plants in the United States, it costs too much … when it comes to LFP, we do not look at the U.S. market at all.

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Baua Electric

JANUARY 17, 2024

BYD only sold 4,140 cars in Germany in 2023, but is looking for 10% market share after its factory in Hungary starts production in a few years. And BYD is looking to make some serious moves in Europe, and now that it will be building EVs in Hungary in the next couple of years. FTC: We use income earning auto affiliate links.

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Germany BYD Price Hungary 52

Baua Electric

APRIL 9, 2024

BMW currently gets its batteries from five sites globally, and it plans to build next-gen EV batteries in South Carolina, Mexico, Hungary, and China. FTC: We use income earning auto affiliate links. The two partners will release further information on the tie-up at a later date.

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Baua Electric

MARCH 29, 2024

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. Once up and running, BYD’s new plant in Thailand is expected to build 150,000 EVs a year. BYD was Thailand’s best-selling EV maker last year.

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Baua Electric

MARCH 28, 2024

Let the “liberation battle” begin After declaring a “liberation battle” against gas-powered cars earlier this year, BYD, or Build Your Dreams, is putting pressure on overseas rivals. By building nearly all vehicle components, including batteries, in-house, BYD has a major advantage over rivals.

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Baua Electric

MARCH 21, 2024

Automakers and startups from around the globe are racing to introduce lower-priced EVs as demand for affordable options builds. Electrek’s Take The rush to introduce more affordable EVs comes as low-cost automakers like China’s BYD continue expanding overseas. FTC: We use income earning auto affiliate links.

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Baua Electric

JANUARY 11, 2024

A new factory in Debrecen, Hungary, currently under construction, will also build only electric cars, with the upcoming Neue Klasse models planned to be built there in 2025. Last September at the IAA Munich Mobility auto show, the automaker unveiled its Vision Neue Klasse concept , which it is currently testing and fine-tuning.

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Baua Electric

MARCH 4, 2024

The Atto-3 SUV / Source: BYD Europe After recently reducing prices of its refreshed Han and Tang models , Build Your Dreams (BYD) just launched a new version of its top-selling EV Yuan Plus – known as the Atto 3 in overseas markets – to $16,644 in China, making it one of the lowest-priced EVs out there. Get started here.

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Baua Electric

FEBRUARY 1, 2024

Just over a week after initially teasing a new compact SUV called the Yuan Up, Build Your Dreams (BYD) has posted several of the first official images of the new EV’s exterior. Despite snagging the EV sales crown from longtime leader Tesla in 2023, BYD remains a relatively unknown brand outside China.

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BYD Affordable SUV Hungary 52

Baua Electric

MARCH 4, 2024

Now they’re ramping up production and building a fleet of gigantic auto-carrier ships—it certainly appears that they’re planning to flood the global market (they’re exporting gas-burners too). The company now has enough production capacity in China to manufacture four million cars per year. They are not eager to invest.”

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Tony Karrer Delicious EVdriven

APRIL 16, 2009

The car came straight to Omaha from the Detroit auto show. BYDs breakthrough all-electric E6, photographed at this years Detroit auto show. The first buyers will be fleet users, which will build central fast-charging facilities. The E6 will hit the Chinese market later this year.

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Baua Electric

FEBRUARY 6, 2024

The US-China trade war heats up as the Biden administration has signaled a warning that electric vehicles from China could pose a “significant national security risk” in that the huge amount of data they collect could be sent to China. FTC: We use income earning auto affiliate links.

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Tony Karrer Delicious EVdriven

APRIL 16, 2009

BYD’s conventional gas-powered cars are selling well these days in China, and his electric plug-in electric model looks like it will come to market with a longer range and a lower sticker price than the new Toyota Prius much-hyped Chevy Volt. When I began reporting the story, I wondered how Buffett and Charlie Munger had become aware of BYD.

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EV Sales

MARCH 22, 2021

For example, with increasing evidence of genocidal Chinese government towards Uyghur residents, including forced labor camps, the lack of transparency regarding whether any Chinese EVs benefit from such labor prompts me to deduct 1 production point from China (out of ~25 it had earned). million EVs sold (70% of them “pure” BEVs).

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