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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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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. The ball is in their court.”

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Kia to launch new Carens EV, two other mass-market EVs in India

Baua Electric

Kia recently revealed plans to launch three new EVs in the region, including a new Carens EV. Kia to launch new low-cost models, including Carens EV During its recent CEO Investor Day , Kia unveiled its new roadmap to becoming an electrification leader. Kia expects to cover most segments with prices between $25,000 and $80,000.

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BYD to Chinese Auto Industry: "Demolish the Old Legends" in the EV Race

The Truth About Cars

Build Your Dreams, or BYD, is likely one of the largest companies you’ve never heard of. Though enormous, BYD isn’t satisfied with dominating its home market and wants the rest of the Chinese electric auto industry to come with it. Though it’s behind Tesla in global sales, BYD is king in China.

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Hyundai Motor, including Kia top Ford and GM in US EV market with affordable EVs

Baua Electric

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. With low-cost electric cars, Hyundai Motor , along with Kia, surged past American automakers Ford and GM in the US EV market in the first three months of 2024. And that’s including gas-powered cars. 361 $43,656 SEL RWD 77.4

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Sweden – Tesla Model Y Takes Over 10% Of Entire Auto Market!

CleanTechnica EVs

Sweden’s plugin electric vehicles took almost 60% of the auto market in March, up from 55.6% of the market, up from 31.8% Overall auto market volume was 30,261 units, up some 5% YoY, though still below historical seasonal norms. year on year. BEVs alone took 41.6%

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Sweden April Plugin Share Up Within Shrinking Auto Market

CleanTechnica EVs

of the auto market in April, up from 48.2% Overall auto market volume was 20,588 units, down some 6% YoY, and down 35% from pre-2020 seasonal norms. Sweden’s plugin electric vehicle share reached 55.7% year-on-year. Full electrics grew share strongly, whilst plugin hybrids lost share slightly.

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