article thumbnail

Telsa joins VW and BYD in cutting prices in Germany

Baua Electric

The 2024 Model Y (Source: Tesla) Telsa has now joined Volkswagen and BYD in slashing the prices of its vehicles in Germany after the government ended EV incentives, according to Automotive News Europe. But compared to BYD’s drastic 15% cuts, Tesla is taking a more measured approach. Get started here.

BYD 52
article thumbnail

Tesla slashes prices across Europe on Model Y

Baua Electric

The 2024 Model Y (Source: Tesla) Tesla has slashed the prices of its Model Y across Europe this morning, after it reduced prices of its Model 3 and Model Y prices in China to undercut BYD, according to CNBC. BYD ATTO 3 (Source: BYD) VW has also been slashing prices on the ID line in France, Belgium, Germany, and Norway, among other countries.

Europe 97
article thumbnail

China exported greater than 2 million automobiles in first part of 2023, BYD and Chery grew quickest

Baua Electric

million automobiles, a year-on-year building up of 75.7%, in keeping with the China Affiliation of Car Producers (CAAM). million passenger automobiles had been exported, an building up of 88.4% year-on-year; 534,000 fresh power automobiles had been exported, a year-on-year building up of 160%. Extra particularly, 1.78

Chery 52
article thumbnail

Number of electric buses in Europe has increased from around 200 to 2,200 in 5 years

Green Car Congress

The Van Hool factory in Macedonia is building 900 buses this year; the factory is designed for an annual capacity of 1,000 buses. The Van Hool plant in Morristown (Tennessee, USA) is expected to start building buses from 2022. Eight years ago, BYD was the first exhibitor at Busworld (Kortrijk) to present an electrically powered bus.

Europe 225
article thumbnail

China become the sector’s biggest car exporter in Q1 2023, surpassing Japan

Baua Electric

Tesla China, SAIC, Chery, Geely, Stunning Wall Motors, Changan, and BYD are a number of the largest participants to Chinese language car exports. To the contrary, it’s sudden that BYD handiest got here in ninth with handiest 58,000 devices. For each and every 3 vehicles exported, one is made via SAIC.

Japan 52
article thumbnail

Polestar 7 to replace Polestar 2 in EV line-up to avoid Volkswagen Golf-like fate

Baua Electric

The Polestar 2 is already a market leader in several regions like Norway, Sweden, Germany, Belgium, and others. As much as we might build a very similar car, because it has a different number, we won’t have this natural trap where we’re boxed into that concept of what the car had been,” Ingenlath explained.

Belgium 52
article thumbnail

Proposed Changes to Federal EV Tax Credit – Part 4: Chinese-Assembled Vehicles Will Not Be Eligible for Tax Credit

EV Adoption

According to SupChina.com , the 10 largest EV producers in China based on domestic sales are: Tesla BYD SAIC Motor SAIC Volkswagen SAIC-GM-Wuling NIO Xpeng Li Auto WM Motor Geely. BYD already sells electric buses in the US though its bus division, but they are also made in California in a factory employing 750 unionized workers.