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BMW investing €400M in new vehicle assembly at Munich plant as part of shift to electromobility; engine production being concentrated at Steyr and Hams Hall

Green Car Congress

The combustion engines with four, six, eight and 12 cylinders produced there will be manufactured at the company’s locations in Steyr in Austria and Hams Hall in the UK going forward. It will ramp up for the first time at our future plant in Debrecen, Hungary, before being rolled out across our global production network in stages.

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China’s BYD tops 1.6 million BEV sales in 2023

Baua Electric

The Atto-3 SUV / Source: BYD Europe It was a huge year for profits at Chinese auto behemoth BYD. Of course, the Chinese EV market is booming – but looking at the numbers, it’s pretty staggering. Chinese automakers expect to have sold some 9.4 In 2023, the company sold 1.6 million vehicles. BYD tripled its profits to $1.5

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Mercedes-Benz will be producing 8 all-electric EQ models in 2022

Green Car Congress

High-efficiency battery systems will also be manufactured and assembled within the production network. Just a few months later the German-Chinese production joint venture, Beijing Benz Automotive Co. EQA production will also follow next year (2021) at BBAC in Beijing for the Chinese market. kWh/100 km) in Novo Mesto, Slovenia.

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BYD slashes price on its best-selling SUV to $16K to compete with gas cars

Baua Electric

Last year, BYD sold 412,202 Yuan Plus EVs, with 100,020 of them exported, or 42% of its total car exports for that year, data from the China Association of Automobile Manufacturers states.

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

Tony Karrer Delicious EVdriven

Why hes banking on an obscure Chinese electric car company and a CEO who - no joke - drinks his own battery fluid. The E6 will hit the Chinese market later this year. The deal, which is awaiting final approval from the Chinese government, didnt get much notice at the time. EMAIL | PRINT | SHARE | RSS DIGG FACEBOOK DEL.ICIO.US

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Buffett's Chinese electric car company

Tony Karrer Delicious EVdriven

Then Mr. Wang, as he’s known, got into the automobile business by buying a failing state-owned carmaker. Today, BYD employes 130,000 people in 11 factories, either in China and one each in India, Hungary and Rumania. car companies and battery makers as much as the Chinese government is going to help BYD.

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