Baua Electric

JANUARY 17, 2024

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. And BYD is looking to make some serious moves in Europe, and now that it will be building EVs in Hungary in the next couple of years.

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Europe Price Belgium Tesla 97

Baua Electric

MARCH 12, 2024

Europe is much different from other key auto markets like China or the US, with several legislations and languages. BYD aims for a 5% share of EV sales in Europe, even before production begins in Hungary. The facility will build electric cars with battery packs built in Hungary.

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Baua Electric

JANUARY 2, 2024

billion in the first half of last year, according to Car News China. million in 2022, according to data from the China Association of Automobile Manufacturers. In China, some 1.5 million people (and a countless number of factory robots) work in the electric vehicle industry as the country surges ahead in its EV transition.

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BYD Sale Hungary Chinese 52

Teslarati

MARCH 20, 2022

Stellantis partner Samsung SDI hinted at the possibility of building a new EV battery factory in the United States. During InterBattery 2022, Samsung SDI CEO Choi Yoon-ho said that the company might build a new EV battery company in the U.S., Last year, Samsung SDI considered building a plant near Rivian’s factory in Normal, IL.

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Baua Electric

MARCH 14, 2024

SAIC is currently evaluating whether to build a factory in Europe. As well as finding ways to reach new customers, MG needs to focus on building out a car servicing network to strengthen loyalty, the MG spokesperson said. SAIC is currently evaluating whether to build a factory in Europe.

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Baua Electric

APRIL 11, 2024

It’s all part of the Chinese brand’s ambitious plan to set up three brands in Europe and launch three new models for each brand, all by 2026 – yet, unfortunately, Chery wants to bring ICE vehicles along with its low-cost EVs, including a luxury gas-burning SUV brand that it already sells in China. Get started here.

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Baua Electric

JANUARY 17, 2024

BYD only sold 4,140 cars in Germany in 2023, but is looking for 10% market share after its factory in Hungary starts production in a few years. And BYD is looking to make some serious moves in Europe, and now that it will be building EVs in Hungary in the next couple of years.

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Germany BYD Price Hungary 52

Green Car Congress

JULY 22, 2022

Ford expects a compound annual growth rate for EVs to exceed 90% through 2026, more than double forecasted global industry growth. Ford plans to reach a 600,000 global EV run rate by late 2023 with the following EVs: 270,000 Mustang Mach-Es for North America, Europe and China. 150,000 F-150 Lightnings for North America.

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Ford North America F-150 Battery 221

Baua Electric

MARCH 28, 2024

Let the “liberation battle” begin After declaring a “liberation battle” against gas-powered cars earlier this year, BYD, or Build Your Dreams, is putting pressure on overseas rivals. By building nearly all vehicle components, including batteries, in-house, BYD has a major advantage over rivals. Its main target is gas-powered vehicles.

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Baua Electric

MARCH 29, 2024

BYD brands at the Bangkok International Auto Show (Source: BYD) New EVs, including the Song Max, Sealion ( Sea Lion 07 in China), Song Plus (Seal U), Yangwang U9 supercar, and the Fang Cheng Boa 5, made their debut in Thailand. Once up and running, BYD’s new plant in Thailand is expected to build 150,000 EVs a year.

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Thailand BYD Production Uzbekistan 52

Green Car Congress

APRIL 18, 2016

Building upon the complementary scope and portfolio of the partners, the joint venture will provide substantial synergies in manufacturing and sourcing and create a base for sustained growth and profitability. —Jacques Aschenbroich, Chairman and CEO of Valeo. The project is subject to consultation of the employee representatives.

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Green Car Congress

DECEMBER 15, 2020

BBAC), launched EQC production for the local market in China. The compact SUV EQB will be the first purely electrically powered production vehicle from Hungary and will complement the plug-in hybrid portfolio consisting of the CLA and CLA Shooting Brake. The work on the building has already been completed.

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Mercedes All-Electric Plug-in Electrical 259

Baua Electric

JANUARY 11, 2024

Choi said SK On is considering manufacturing LFP batteries in Europe or China. SK On has production sites in the United States, South Korea, Hungary, and China. “When you build up the LFP factory plants in the United States, it costs too much … when it comes to LFP, we do not look at the U.S. market at all.

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South Korea Auto Las Vegas Battery 40

Cars That Think

JULY 20, 2021

We propose to build on this foundation and find a way to learn not just from crises but even during the crisis itself. China enters world markets as major exporter of industrial products. Before the Great Boston Fire of 1872, the value of much real estate had been held down by the presence of crumbling buildings nearby.

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Baua Electric

MARCH 4, 2024

We EV pundits have been writing about the rise of the Chinese EV industry for years. Now they’re ramping up production and building a fleet of gigantic auto-carrier ships—it certainly appears that they’re planning to flood the global market (they’re exporting gas-burners too). Its cheapest models go for a little over $11,000.

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New York Chinese BYD Mexico 52

Push EVs

JULY 21, 2022

July 21, 2022 – Building on strong demand for its new EVs, Ford today announced a series of initiatives for sourcing battery capacity and raw materials that light a clear path to reach its targeted annual run rate of 600,000 electric vehicles by late 2023 and more than 2 million by the end of 2026. DEARBORN, Mich.,

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Ford F-150 North America Battery 105

Tony Karrer Delicious EVdriven

APRIL 16, 2009

The first buyers will be fleet users, which will build central fast-charging facilities. tech industry during the 1990s. " This time Buffett asked another trusted partner, David Sokol, chairman of a Berkshire-owned utility company called MidAmerican Energy, to travel to China and take a closer look at BYD.

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Green Car Congress

NOVEMBER 13, 2022

China continues to dominate BloombergNEF’s (BNEF) global lithium-ion battery supply chain ranking, for the third time in a row, for both 2022 and its projection for 2027, due to continued support for the electric vehicle demand and raw materials investments. —Allan Ray Restauro, metals and mining analyst at BNEF and lead author.

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Baua Electric

FEBRUARY 6, 2024

The US-China trade war heats up as the Biden administration has signaled a warning that electric vehicles from China could pose a “significant national security risk” in that the huge amount of data they collect could be sent to China. A number of European allies have banned the use of Huawei’s 5G equipment.

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Tony Karrer Delicious EVdriven

APRIL 16, 2009

Within a few years, BYD’s batteries were cheaper and just as reliable as those made by industry giants ony and Sanyo. Today, BYD employes 130,000 people in 11 factories, either in China and one each in India, Hungary and Rumania. When I began reporting the story, I wondered how Buffett and Charlie Munger had become aware of BYD.

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Chinese Companies Electric Cars BYD 28

EV Sales

MARCH 22, 2021

For example, with increasing evidence of genocidal Chinese government towards Uyghur residents, including forced labor camps, the lack of transparency regarding whether any Chinese EVs benefit from such labor prompts me to deduct 1 production point from China (out of ~25 it had earned). 2ND PLACE: CHINA!

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