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

Baua Electric

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 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.

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Kia set to export this all-electric SUV at a price that undercuts Tesla

Baua Electric

South Korean automaker Kia has started production on its all-electric EV5 SUV for export in China, with the first markets targeted being Thailand and Australia, with Australia’s price expected to undercut Tesla’s Model Y. Kia’s top seller in Australia is the Sportage hybrid SUV with around 15,000 sales.

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Vinfast VF 8 dominates ASEAN NCAP Grand Prix Awards | Autocar Professional

Baua Electric

VinFast’s D-segment SUV, the VF 8, has earned five out of six top safety awards from the New Car Assessment Program for Southeast Asia (ASEAN NCAP) in Thailand on May 28, 2024. This achievement underscores VinFast’s aspiration to position itself as a safety leader in the Southeast Asian auto industry.

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

Baua Electric

China International Marine Containers Group (CIMC), which built the vessel, announced the news on WeChat Wednesday. BYD is already a leader in key auto markets like Thailand , Brazil, and Columbia. Meanwhile, BYD is aiming for Tesla’s sweet spot with several mid-size electric SUVs to compete with Tesla’s Model Y.

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Report: Mitsubishi In Talks To Supply Small ICE Cars To Peugeot

Green Car Congress

is in talks with PSA Peugeot Citroen Group about supplying the French automaker with small internal combustion engined (ICE) cars—from 1.0-1.3-liter Mitsubishi currently supplies electric cars based on the i-MiEV as well as SUVs to Peugeot. The autos that would be supplied to Peugeot are 1.0-1.3

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Ford opening 66 more new dealerships in China by end of year; Asia-Pacific growth plans

Green Car Congress

Ford is introducing the new Edge SUV to China in mid-December. Ford’s Asia Pacific and Africa region encompasses markets on three continents, including Australia, China, India, Thailand and South Africa. Ford is aggressively expanding in Thailand as well.

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Increasing electric car sales were the main reason for growth in the overall car market, which contracted by 8% for conventional (internal combustion engine) cars but grew by 5% in total, indicating that EV sales are continuing to perform as the market matures. In FY2024, electric car and SUV sales in India jumped 90% to over 90,000 units.