article thumbnail

Comment on BYD signs preliminary land purchase deal for its NEV plant in Hungary by Hctr Lnds

CN EV Post

One factory in Brazil for the South American market, one factory in Thailand for the SEA market, one factory in Uzbekistan for the Central Asia/Russian market, and one factory in Hungary for the European market. That's smart.

Hungary 79
article thumbnail

Audi newly to begin production in Brazil in 2015; $200M investment in Curitiba

Green Car Congress

Beginning in 2105, Audi AG will produce the new Audi Q3 and the new A3 Sedan on the premises of Volkswagen’s Curitiba plant in São José dos Pinhais, Brazil. To achieve that target, the company is making large investments at its large production sites in Germany and Hungary and is significantly expanding its production network outside Europe.

Brazil 199
article thumbnail

SK On signs MOU with Global Lithium Resources to bolster key battery materials supply chain

Green Car Congress

SK On ranked ninth in terms of global EV battery market share in 2019, but has shot up to fifth this year. The company, which supplies batteries to automakers including Ford, Hyundai and Volkswagen, currently operates seven factories in the United States, Hungary, China and South Korea and is currently in construction of seven more plants.

Supplies 259
article thumbnail

BYD EV plant in Mexico under consideration

Teslarati

BYD Mexico’s country manager, Zhou Zhou, told Nikkei Asia that Mexico is a key market with potential. It opened facilities in Thailand this year and announced plans to build a production site in Hungary in the next three years. He added that overseas production is essential for an international brand.

Mexico 83
article thumbnail

BYD aims to start vehicle production at Thailand EV plant in Q3 2024

Teslarati

During its announcement, BYD highlighted that it is focused on the Thai auto market. The company is also constructing car factories in Hungary and Brazil. Once complete, the Thai EV factory is expected to have an annual production capacity of 150,000 vehicles. million units.

article thumbnail

BYD to kick off EV production at new Thailand plant in Q3 as overseas expansion accelerates

Baua Electric

Leading EV maker BYD is quickly expanding overseas after dominating its home market. BYD Atto 3 production (Source: BYD) After beginning production at its Uzbekistan plant in January, BYD is building new facilities in Hungary and Brazil as it expands the brand overseas.

article thumbnail

Here’s how China’s BYD is working on its image problem

Baua Electric

The strategy is to help get German EV shoppers closer to the brand, raise brand awareness, and build sales of its affordable EVs in Europe’s largest automobile market. But that is changing, he says, as the brand is investing heavily in marketing. It is also building plants in Brazil and Thailand.

BYD 52