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Kia mulls EV plant in Thailand to take on Toyota and BYD with affordable electric cars

Baua Electric

Can Kia challenge Toyota, which has dominated the market in Thailand, with affordable EVs? Chinese automakers like BYD are already stealing market share, but Kia is in talks over a new EV plant in Thailand that could help position itself as an early leader. Kia revealed a new EV lineup at its first EV Day in October.

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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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BYD expects at least $4 billion in net income from surging EV sales

Baua Electric

BYD is already leading in growing EV markets like Thailand, Brazil, and Columbia. BYD Atto 3 (Source: BYD) The company, which started as a battery maker, is expanding the brand with affordable EVs like the Dolphin electric hatch and Atto 3 (Yuan Plus in China) SUV.

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BYD upgrades Tang electric SUV with more range to rival Tesla’s Model Y

Baua Electric

Despite launching in Europe less than a year ago, BYD ‘s Tang is getting a bigger battery for more range and more. BYD Tang EV (Source: BYD) BYD is giving its Tang a bigger battery. The electric SUV will now have 108 kWh battery capacity, compared to 86 kWh before. It’s already a leader in Thailand, Brazil, and Columbia.

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Tesla Model Y and BYD Atto 3 lead the way as Chinese-built electric vehicle sales soar in Australia

EV Central

According to the official VFACTS figures, there were 3330 examples of the battery electric SUV sold in Australia last month. Chinese cars sit number three behind Japan and Thailand in terms of popularity in Australia.

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Mitsubishi Mirage to Be Discontinued by 2025

The Truth About Cars

Mitsubishi said it will introduce nine new electrified models globally during the next five years and plow $10 billion into electrified vehicles and battery production through 2030. At this rate, the Kia Rio will be all that’s left until Korea realizes it can sell a pint-sized hybrid crossover for several thousand dollars more.

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JATO: 2018 record year for EVs; sales up 74% to 1.26M units; overall market stable, as SUVs rule

Green Car Congress

2018 marked a record year for the sale of battery-powered electric vehicles, according to data from JATO Dynamics. Despite the double-digit growth posted by Toyota, Hyundai-Kia and Volkswagen Group, which outsold GM, Renault-Nissan continued to dominate the SUV segment, recording almost 12% of the market share. of total global sales).

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