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Big Auto is begging governments to let them go bankrupt as Chinese EVs loom

Baua Electric

The auto industry is electrifying, and all new cars will be electric in the relatively near future. And yet, the auto industry – which is responsible for more pollution than any other sector, at least in rich countries – still lobbies to worsen emissions reduction targets, even when those targets were already pushed back to begin with.

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BYD to build new $1.2B battery factory in China

Teslarati

Now, as the company looks to expand outside of Asia, it is doubling down on its Chinese production capabilities. The environmental fillings found on a local Chinese government website state that the project will come at an expected cost of 8 billion yuan ($1.2

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BYD sees NEV share reaching 50% in the next 3 months in China as EV price war heats up

Baua Electric

After new energy vehicles (EVs and PHEVs) crossed 48.2% About half of BYD’s sales are all-electric, while the other half are PHEVs. Last year, NEVs accounted for 35% of China’s auto sales. BYD Atto 3 (Source: BYD) After dominating their domestic market, Chinese NEVs are now expanding overseas.

BYD 52
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BYD says EVs have entered the ‘knockout round’ with next-gen tech rolling out

Baua Electric

Global EV leader BYD believes new energy vehicles, including EVs and PHEVs, have entered the “knockout round” with gas-powered cars. The 30% offers room for Chinese brands to grow. Meanwhile, after launching in Japan last year, BYD already accounted for 20% of Japan’s EV imports in January, a market dominated by Toyota.

BYD 52
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BYD is now shipping its own EVs as first cargo ship heads to Europe

Baua Electric

1 is the first Chinese-made ship designed to carry domestic EVs overseas. First BYD ship sets sights on Europe to deliver EVs Marking a “new era” for Chinese vehicles, BYD’s first ship designed to carry EVs arrived at Yantai Port on January 9. 1 is the first vessel built by a Chinese shipyard designed for exporting domestic vehicles.

BYD 52
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South Korea EV registration jumps in 2022

Teslarati

South Korea has not seen the EV boom of the Chinese car market , more closely resembling the Japanese market, where electric vehicles have yet to catch on. Currently, only 5.96% of all vehicles in South Korea are considered “green vehicles” (hydrogen, hybrid, PHEV, or full-electric). What do you think of the article?

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BYD to slash EV prices even more with new platform as it looks to crush ICE car sales

Baua Electric

BYD launched a price war on ICE vehicles last month with the new Qin Plus EV and PHEV models. The DM-i (PHEV) version is even cheaper, starting at around $11,000 (79,800 yuan). Its next-gen DM-i system will enable PHEVs to drive over 1,200 miles (2,000 km) with a fuel tank and full charge. It’s gas-powered cars. The upcoming 4.0

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