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BYD expects at least $4 billion in net income from surging EV sales

Baua Electric

After a record EV sales year, BYD expects to rake in at least $4 billion in net income. BYD forecasts its profits rising at least 75% last year. BYD expects at least $4 billion in 2023 net income BYD sold nearly 1.6 After dominating its home market and the world’s largest for EVs, BYD is quickly expanding overseas.

BYD 52
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Tesla Model Y becomes top-selling car in Iceland and Australia

Teslarati

The Tesla Model Y has become a top-selling car in Iceland and Australia. Tesla aimed to make the Model Y the best-selling vehicle in any category worldwide, and the SUV is performing as expected. Recently, Tesla Europe shared that the Model Y broke a 35-year-old record in Iceland. of the auto market’s June sales.

Iceland 114
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Kia EV9 wins, Fisker franchises, Tesla tops BYD, leather in EVs: The Week in Reverse

Baua Electric

Among its many winning assets: It fits the form that American households seek in a family vehicle, without the luxury price tag, and it’s at the leading edge in all aspects of charging. The Kia EV9 is Green Car Reports’ Best Car To Buy 2024. And some made-in-America EVs like those from Rivian lost half of their credit amount.

Fisker 52
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GAC Aion Hyper GT introduced in China with 340 hp and swappable battery. Begins at 30,370 USD

Baua Electric

It’s going to compete with the BYD Seal, Xpeng P7, Neta S, Tesla Style 3, Emerging F7, Deepal SL03 and somewhat a batch of alternative opponents. Recently, GAC is among the maximum customery NEV (Brandnew Power Car) model at the Chinese language automobile marketplace. This automobile is aimed toward younger consumers.

China 52
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Who is winning the green car race? Part II. The Green Piece

Green Cars News

Tesla Motors. Founded in 2003, Silicon Valley based Tesla Motors is currently the only car manufacturer in the US or Europe manufacturing and selling highway capable electric vehicles in serial production. It accelerates from 0-60mph in a mere 3.9seconds, and, according to Tesla’s analysis, is ‘twice as efficient’ as the Toyota Prius.

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The electric year ahead: Every new EV coming to Australia in 2024

EV Central

Sales of electric cars almost tripled in 2023 and Aussies had more models than ever to choose from. As well as new models from heavy EV hitters such as Tesla, BYD, Polestar and Volvo, there will be a raft of traditional brands jumping on board the electric car race. BYD Seal U BYD Seal U. BYD ute BYD ute patent.

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Goodbye GM, Hello Tianjin-Qingyuan Electric Vehicle Company?

Plugs and Cars

I write a monthly column for the Electric Auto Association newsletter, Current EVents. A billion dollars of loans and grants directly supporting Tesla, Th!nk, And these days a billion dollars is barely a rounding error in the money going to prop up the American auto industry. Here's my April column. That would be a game changer.

GM 100