Remove Automobile Remove Gas-Electric Remove Hungary Remove Solar
article thumbnail

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

By the end of 2022, each of our German plants will be producing at least one fully electric vehicle. The future assembly and its production processes will be designed for a new cluster architecture geared towards electric drive trains. At the same time, the BMW Group is expanding its capacity for manufacturing electric drive trains.

BMW 396
article thumbnail

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

Baua Electric

Its single electric motor is on the front axle for 150 kW and 310 Nm, and it’s powered by two LFP battery options from China’s FinDreams: 49.92 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.

BYD 52
article thumbnail

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. BYDs breakthrough all-electric E6, photographed at this years Detroit auto show. " 0:00 / 3:23 Buffett eyes electric cars Coming from Munger, that meant a lot. tech industry during the 1990s.

BYD 62
article thumbnail

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. Within a few years, BYD’s batteries were cheaper and just as reliable as those made by industry giants ony and Sanyo.

Chinese 28