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BYD wants to bring a Land Rover-style SUV that can ‘float on water’ to Europe

Baua Electric

Chinese EV behemoth BYD may bring two off-road electric SUVs sold in China to Europe that could rival the Land Rover Defender, the Mercedes G-Class, and Ford Bronco. BYD may consider exporting two SUVs – the Yangwang U8 and the Fang Cheng Bao 5­ – to Europe, company executives told Automobilwoche. Last year, the company sold 1.6

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China’s BYD tops 1.6 million BEV sales in 2023

Baua Electric

The Atto-3 SUV / Source: BYD Europe It was a huge year for profits at Chinese auto behemoth BYD. Adding up sales for all so-called new energy vehicles, including battery-only vehicles and hybrids, BYD sold 3 million vehicles in 2023. Tallying up its year-end sales, it’s a massive 62% growth from 2022. million vehicles.

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Tesla slashes prices across Europe on Model Y

Baua Electric

VW reports BEV sales of 70,628 units last year, a 12% increase, compared to Tesla’s 63,685, a 9% drop. Electrek reported last week that BYD is dropping prices of its EVs in Germany by as much as 15%, with its Atto 3 compact SUV seeing the biggest cuts. While VW beat Tesla in Germany, it trailed by a long shot in EV sales in France.

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BYD is ‘just getting started’ in Europe with plans to triple its EV market share

Baua Electric

However, the company is “just getting started” in the region, says Europe CEO Michael Shu, and expects to ramp up sales quickly. Although Shu said increasing sales will take time, it expects to gain EV market share in Europe this year. BYD aims for a 5% share of EV sales in Europe, even before production begins in Hungary.

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

Baua Electric

BYD is now set to begin production at its new EV plant in Thailand in the third quarter as it looks to accelerate overseas sales. The fully electric BYD Atto 3 SUV was the top-selling electric model, with over 19,200 units delivered. The fully electric BYD Atto 3 SUV was the top-selling electric model, with over 19,200 units delivered.

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Telsa joins VW and BYD in cutting prices in Germany

Baua Electric

VW reports BEV sales of 70,628 units last year, a 12% increase, compared to Tesla’s 63,685, a 9% drop. Electrek reported last week that BYD is dropping prices of its EVs in Germany by as much as 15%, with its Atto 3 compact SUV seeing the biggest cuts. However, Tesla lost its No.

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BYD says EVs have entered the ‘knockout round’ with next-gen tech rolling out

Baua Electric

BYD plans to more than double its overseas sales this year, as it aims for one million in 2025. 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 2025, BYD sees overseas sales reaching 1 million.

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