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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. Thailand wants 30% of the vehicles built in the country to be electric by 2030.

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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. It launched the high-end Yangwang brand last year.

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

Baua Electric

A new report claims BYD’s new EV platform will slash costs even further as the automaker kicks off a “liberation battle” against gas-powered cars. Best known for its low-cost EVs, such as the Dolphin, Atto 3, and sleek Seal sedan, BYD is taking its game up a notch in 2024. BYD is leading an offensive against ICE vehicles.

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Using the PHEV (Plug-In Hybrid Electric Vehicle) to Transition Society Seamlessly and Profitably From Fossil Fuel to 100% Renewable Energy

Green Car Congress

The PHEV does not require the heavy, costly batteries required by other electric cars, nor does it suffer from a limited range or poor freeway performance. It is alarming to see comparisons of the Chevrolet Volt PHEV with battery electric cars when the comparison focuses only on the electric range and ignores the other important differences.

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