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China says it will ‘rein in’ the flood of EVs coming our way

Baua Electric

But now China has said it will “rein in” some of its huge EV expansive in response to criticism of “unfair” industrial and trade policies. China last year overtook Japan as the world’s biggest car exporter ­– but most of those were ICE vehicles sold to Russia. FTC: We use income earning auto affiliate links.

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BYD to kick off EV production at new Thailand plant in Q3 as overseas expansion accelerates

Baua Electric

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. Ford’s CEO Jim Farley called the low-cost EV “pretty damn good,” warning the competition of incoming Chinese electric cars.

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China’s Chery to set up shop in Europe

Baua Electric

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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Audi is the latest automaker to reveal plans for a lower-cost EV

Baua Electric

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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BYD says EVs have entered the ‘knockout round’ with next-gen tech rolling out

Baua Electric

BYD can offer low-cost EVs, like the new Seagull , starting under $10,000 (69,800 yuan) and still make a profit. Its next-gen DM-i system will enable an even more range at a lower cost. As new electric cars roll out in China, BYD sees joint venture brands (overseas automakers) market share falling from 40% to 10%.

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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

The car came straight to Omaha from the Detroit auto show. BYDs breakthrough all-electric E6, photographed at this years Detroit auto show. " This time Buffett asked another trusted partner, David Sokol, chairman of a Berkshire-owned utility company called MidAmerican Energy, to travel to China and take a closer look at BYD.

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