Baua Electric

MARCH 29, 2024

Leading EV maker BYD is quickly expanding overseas after dominating its home market. 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 was Thailand’s best-selling EV maker last year.

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Baua Electric

APRIL 9, 2024

After selling nearly 35,000 Seagull models in March, cumulative sales of BYD’s cheapest electric car topped 360,000. BYD sells over 360,000 units of its cheapest electric car BYD launched the Seagull on April 26, 2023. The new model is powered by a 30.08 The new model is powered by a 30.08 kWh or 38.88

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Baua Electric

FEBRUARY 7, 2024

Ford (F) assembled a “super-talented skunk works team” to build a low-cost EV platform. It will be used to launch several new software-defined electric models. Ford’s leader said on the company’s earnings call that the company made a bet in silence two years ago to develop a low-cost EV platform. billion this year.

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Baua Electric

APRIL 8, 2024

BYD is expected to launch its next-gen Blade EV battery later this year. The battery will promote more range at an even lower cost. Will the new battery be BYD’s X-factor in its “liberation battle” over gas-powered vehicles? The batteries are a major reason behind BYD’s success.

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Baua Electric

JANUARY 5, 2024

The world’s largest EV maker, BYD , broke ground on its first sodium-ion battery plant this week. BYD is investing $1.4 You likely heard that BYD just topped Tesla in overall EV volume to become the largest electric car maker globally. However, BYD is also a top global battery manufacturer.

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Baua Electric

APRIL 17, 2024

To boost sales in the world’s largest EV market and one of Volkswagen’s most important regions, the company is launching a new digital EV platform with China’s XPeng. VW says the EV platform will slash costs as it looks to recapture market share in China. Even Ford’s CEO Jim Farley called BYD’s Seagull “pretty damn good.”

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Baua Electric

MARCH 19, 2024

After new energy vehicles (EVs and PHEVs) crossed 48.2% last week in China, BYD’s CEO Wang Chuanfu said at this rate, 50% NEV share could happen in the next three months. BYD chairman predicts 50% NEV share in China sooner “The penetration rate of NEVs crossed 48.2 Last year, NEVs accounted for 35% of China’s auto sales.

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Baua Electric

FEBRUARY 7, 2024

BYD continues its dominant overseas expansion after accounting for over 20% of Japan’s EV imports last month. After launching just last year, BYD is already making its presence known as Japan lags behind the auto industry’s shift to electric. Of the 1,186 electric cars imported into the nation, BYD accounted for 217 of them.

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Baua Electric

MARCH 11, 2024

BYD is leading an offensive against ICE vehicles. A new report claims BYD’s new EV platform will slash costs even further as the automaker kicks off a “liberation battle” against gas-powered cars. BYD launched a price war on ICE vehicles last month with the new Qin Plus EV and PHEV models.

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Baua Electric

APRIL 22, 2024

A new electric pickup is coming to global markets. BYD is launching its first electric pickup soon after confirming it will go by the name “Shark” in its latest teaser, revealing a Ford F-150 Lightning look up front. BYD announced on social media that the Shark electric pickup with DMO technology is coming soon.

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Baua Electric

JANUARY 12, 2024

BYD is significantly lowering EV prices in Germany to extend its global lead. BYD cuts EV prices in Germany in overseas expansion After overtaking Tesla in EV sales in the last three months of 2023, BYD aims to extend its lead in key markets. Most recently, BYD cut prices in Germany, Volkswagen, BMW, and Porsche’s home turf.

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Baua Electric

JANUARY 29, 2024

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.

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Baua Electric

MARCH 28, 2024

Global EV leader BYD believes new energy vehicles, including EVs and PHEVs, have entered the “knockout round” with gas-powered cars. BYD plans to more than double its overseas sales this year, as it aims for one million in 2025. Its next-gen DM-i system will enable an even more range at a lower cost.

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Baua Electric

FEBRUARY 1, 2024

After topping Tesla in the final three months of 2023, BYD is starting the year off strong with EV sales rising another 50% in January. BYD EV sales momentum continues in January BYD sold 105,304 fully electric cars last month, up 48% from the 71,338 handed over last year. FTC: We use income earning auto affiliate links.

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Baua Electric

MARCH 13, 2024

Nissan and Honda are considering teaming up to introduce more affordable EVs to compete with Chinese automakers like BYD. The partnership could include a new EV platform. The aim is to reduce EV prices as the automakers look to Chinese automakers with low-cost models like BYD.

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Baua Electric

JANUARY 30, 2024

The move will put it in direct competition with BYD , the leading LFP battery maker. Nissan is developing LFP batteries to lower EV prices Although Nissan was topped by China’s BYD in passenger vehicle sales in November, the automaker has a plan to regain its share. BYD’s Blade Battery is equipped on EVs being sold globally.

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Baua Electric

APRIL 5, 2024

A new BYD and Mercedes-Benz co-branded luxury electric vehicle will roll out before the end of the year. Ahead of its official debut, the new Denza EV was spotted testing, grabbing the attention of onlookers. Denza was founded in 2010 as a 50:50 joint venture between Mercedes-Benz (Daimler) and BYD.

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Baua Electric

MARCH 6, 2024

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. Affordable electric cars are coming Kia has already revamped the brand as the industry transitions to electric with a new logo and design.

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Baua Electric

MARCH 15, 2024

Nissan and Honda are forming a new EV partnership after falling behind leaders like Tesla and China’s BYD. The new partnership comes as both automakers (and the Japanese auto industry) quickly fell behind EV leaders like Tesla and BYD. FTC: We use income earning auto affiliate links. It’s official.

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Baua Electric

MAY 17, 2024

However, a low-cost Volkswagen electric car is still in the plans. A new Reuters report claims Volkswagen has ended talks with Renault to build a low-cost electric version of its Twingo. Based on a new entry-level MEB platform, the low-cost EV is expected to get up to 279 miles (450 km) range.

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Baua Electric

MARCH 18, 2024

Amid a flood of new competition, Ford is shifting plans to build more affordable electric vehicles. Ford is developing a new low-cost EV platform to power a small electric pickup and SUV, with starting prices around $25,000. It will rival the low-cost EV Tesla is working on.

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Baua Electric

APRIL 10, 2024

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. FTC: We use income earning auto affiliate links.

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Baua Electric

APRIL 1, 2024

Good news: Ford Mustang Mach-E price cuts are working Ford cut Mustang Mach-E prices by up to $8,100 in February with new finance and lease incentives. New data shows sales are up while inventory is finally dwindling. The company said the rising losses were due to “extremely competitive pricing” and new EV investments.

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Teslarati

AUGUST 3, 2023

These include BYD, which outsell Tesla in China in terms of New Energy Vehicles (NEVs) sales. BYD’s sales of pure electric cars lag against Tesla’s, but in terms of raw NEV volumes, the Chinese automaker is far ahead of the American EV company. India is an increasingly important market in the auto industry.

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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

JANUARY 22, 2024

BYD Atto 3 (Source: BYD) Europe and the US say that Chinese EV development is running wild and unchecked and on the verge of overwhelming the global market with, well, EVs the rest of the world can’t compete with. FTC: We use income earning auto affiliate links.

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Baua Electric

MARCH 6, 2024

Back in October 2023, Europe launched its formal investigation into the Chinese EV industry, as European companies are struggling to compete with the cheap, high-tech Chinese imports, made by low-cost labor, entering the European Union. BYD alone sold 1.6 BYD alone sold 1.6 million overall BEV sales. Get started here.

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Baua Electric

APRIL 5, 2024

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. After global sales slipped 2% last month, Kia is shaking things up with a new mid-to-long-term business plan. FTC: We use income earning auto affiliate links.

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Baua Electric

JANUARY 22, 2024

Nissan’s CEO told his wife, “Yes, you’re right,” in an interview with Automotive News , “But I like them.” Uchida asked, “How do we make ourselves efficient enough to be competitive against those new, fast, agile companies?” EV leaders like Tesla and BYD are launching new models in key segments as adoption continues climbing.

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Baua Electric

MARCH 21, 2024

The American automaker is developing a new low-cost EV platform to underpin a smaller electric pickup and SUV. Kia is also planning a series of low-cost models. Electrek’s Take The rush to introduce more affordable EVs comes as low-cost automakers like China’s BYD continue expanding overseas.

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Baua Electric

APRIL 5, 2024

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. After global sales slipped 2% last month, Kia is shaking things up with a new mid-to-long-term business plan. It believes lower-cost models will help fill in the gap.

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Baua Electric

APRIL 5, 2024

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. Ford is also shifting plans to focus on smaller, more affordable electric models as it looks to compete with Tesla and low-cost Chinese automakers like BYD.

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Baua Electric

JANUARY 5, 2024

BYD recently announced a 30 GWh sodium battery plant in Xuzhou in a joint venture with Huaihai Group. Xia Shunli, Chairman of Yiwei, said: “Sodium-ion batteries will become an important battery type, complementary to LFP batteries, and a low-cost solution that promotes the popularization of mass electric vehicles to masses.”

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Baua Electric

MARCH 28, 2024

CEO Jim Farley revealed Ford was developing a low-cost EV platform. Ford’s CFO, John Lawler, reiterated these plans at the BofA Auto Summit Tuesday. Lawler said the ultimate competition will be low-cost EVs from China, like BYD, and Tesla, which is planning a $25,000 EV of its own. It starts at $73,495.

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Baua Electric

JANUARY 29, 2024

Kia launched the EV5 in China with starting prices of around $20,700 (149,800) in November to rival Tesla’s Model Y and low-cost EVs from market leader BYD. FTC: We use income earning auto affiliate links. Kia says this is to “accelerate widespread adoption of EVs.” By 2030, Kia aims to sell 1.6

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Baua Electric

MAY 8, 2023

Xpeng, Leapmotor and others have fired again with their very own reductions, moment BYD introduced a cut price of $1,000 on its market-leading Track Plus SUV, or about 4 p.c “The styling of it (Atto 3) is in keeping with the higher driving position, the good space,” mentioned Mark Blundell, BYD’s head of selling in Britain.

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Baua Electric

JANUARY 5, 2024

Volkswagen’s ID 2all EV production is being delayed A report from the German magazine auto motor und sport claims that Volkswagen’s ID 2all will go into mass production in May 2026 rather than 2025. VW Passenger Cars CEO Thomas Shaefer said the decision is to reduce costs. The decision to push back production could be costly for VW.

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