Auto China Hungary Sale 
Baua Electric
JANUARY 2, 2024
The Atto-3 SUV / Source: BYD Europe It was a huge year for profits at Chinese auto behemoth BYD. Adding up sales for all so-called new energy vehicles, including battery-only vehicles and hybrids, BYD sold 3 million vehicles in 2023. Tallying up its year-end sales, it’s a massive 62% growth from 2022. In China, some 1.5
Baua Electric
MARCH 14, 2024
MG will also expand its dealer network in France to 200 outlets this year, from around 160 now, ensuring any MG customer is no more than 30 minutes from a sales and repair centre, the spokesperson said. According to French auto consultancy Inovev, MG sold two out of three Chinese-made cars in Europe last year, with sales of 230,000 cars.
Teslarati
MARCH 31, 2024
During its announcement, BYD highlighted that it is focused on the Thai auto market. This was the first time that all of BYD’s brands were brought together at an automotive show outside of China. The company also started pre-sales of the pre-sales for the Denza D9, an MPV. million units.
Baua Electric
JANUARY 22, 2024
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.
Baua Electric
MAY 22, 2024
The news comes as CATL expects less growth in China as new, smaller suppliers enter the market. CATL’s growth in China is mainly impacted by the country’s NEV growth rate (including hybrids) and rival BYD’s growth. FTC: We use income earning auto affiliate links.
Baua Electric
JANUARY 3, 2024
Chinese automaker BYD has concluded 2023 with record-breaking sales, which surpasses the 3 million annual sales target and retains its position the global new energy vehicle (NEV) sales champion, for the second year in a row. This year also marks BYD being listed among the global top 10 of car sales for the first time.
Baua Electric
MARCH 21, 2024
Shu highlighted how Europe is a much different market than China or the US, with multiple legislations and languages to work with. After admitting that ramping sales in the region will take time, Shu said BYD aims to more than triple its market share. Even before it begins producing vehicles at its Hungary plant.
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