Baua Electric

APRIL 8, 2024

BYD is expected to launch its next-gen Blade EV battery later this year. The battery will promote more range at an even lower cost. Will the new battery be BYD’s X-factor in its “liberation battle” over gas-powered vehicles? The batteries are a major reason behind BYD’s success.

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Baua Electric

MARCH 19, 2024

last week in China, BYD’s CEO Wang Chuanfu said at this rate, 50% NEV share could happen in the next three months. BYD chairman predicts 50% NEV share in China sooner “The penetration rate of NEVs crossed 48.2 BYD Atto 3 (Source: BYD) After dominating their domestic market, Chinese NEVs are now expanding overseas.

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Baua Electric

JANUARY 29, 2024

After a record EV sales year, BYD expects to rake in at least $4 billion in net income. BYD forecasts its profits rising at least 75% last year. BYD expects at least $4 billion in 2023 net income BYD sold nearly 1.6 After dominating its home market and the world’s largest for EVs, BYD is quickly expanding overseas.

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Baua Electric

MARCH 6, 2024

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. The Korean automaker is also seeing early success with its first three-row electric SUV , the EV9. Once up and running, BYD aims to produce 150,000 EVs a year.

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Baua Electric

MAY 29, 2024

Another low-cost electric vehicle is headed to the US. Meanwhile, the rugged SUV brand is already planning a more affordable EV model. Tavares said he expects the company’s EVs to reach cost parity with gas-powered cars within the next three years. Others, like Kia, have announced an entire lineup of affordable EVs.

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Baua Electric

MARCH 28, 2024

Global EV leader BYD believes new energy vehicles, including EVs and PHEVs, have entered the “knockout round” with gas-powered cars. BYD plans to more than double its overseas sales this year, as it aims for one million in 2025. We reported earlier this month that BYD looks to crush gas-powered car sales with its newest platform.

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Baua Electric

APRIL 22, 2024

BYD is launching its first electric pickup soon after confirming it will go by the name “Shark” in its latest teaser, revealing a Ford F-150 Lightning look up front. We’ve been waiting for BYD’s electric pickup for about two years after rumors swirled out of local media reports in 2022. The electric truck we’ve been waiting for?

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Baua Electric

FEBRUARY 7, 2024

BYD continues its dominant overseas expansion after accounting for over 20% of Japan’s EV imports last month. After launching just last year, BYD is already making its presence known as Japan lags behind the auto industry’s shift to electric. Of the 1,186 electric cars imported into the nation, BYD accounted for 217 of them.

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My Electric Car

FEBRUARY 15, 2024

BYD, the Chinese electric vehicle (EV) manufacturer, experienced a significant increase in EV sales in January, with sales growing nearly 50% compared to the same month last year. In January alone, BYD sold 105,304 fully electric cars, marking a 48% increase from the 71,338 vehicles sold in the previous year.

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Baua Electric

JANUARY 30, 2024

The move will put it in direct competition with BYD , the leading LFP battery maker. Nissan is developing LFP batteries to lower EV prices Although Nissan was topped by China’s BYD in passenger vehicle sales in November, the automaker has a plan to regain its share. BYD’s Blade Battery is equipped on EVs being sold globally.

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Baua Electric

APRIL 5, 2024

A new BYD and Mercedes-Benz co-branded luxury electric vehicle will roll out before the end of the year. Denza was founded in 2010 as a 50:50 joint venture between Mercedes-Benz (Daimler) and BYD. Mercedes has since reduced its stake to just 10%, leaving BYD with the other 90%. The brand also offers two SUVs, the N8 and N7.

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Baua Electric

MAY 8, 2023

Xpeng, Leapmotor and others have fired again with their very own reductions, moment BYD introduced a cut price of $1,000 on its market-leading Track Plus SUV, or about 4 p.c Mitsubishi Motors additionally mentioned extreme life it had suspended for 3 months manufacturing of its Outlander SUV in China.

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Baua Electric

JUNE 10, 2024

Volvo announced it planned to build its new low-cost EX30 at its Ghent plant in Belgium last October. With EV imports from Chinese automakers like BYD and MG surging, the EU claims unfair government subsidies are promoting the growth. However, the shift was expected “from 2025,” as Volvo’s press release stated.

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Baua Electric

APRIL 5, 2024

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. In response to “the slowdown in EV demand growth,” Kia plans to launch more hybrids while introducing new low-cost electric models. million in 2030.

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Baua Electric

APRIL 5, 2024

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. In response to “the slowdown in EV demand growth,” Kia plans to launch more hybrids while introducing new low-cost electric models. million in 2030.

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Baua Electric

APRIL 1, 2024

Ford is moving inventory after slashing prices by up to $8,100 on its best-selling electric SUV, the Mustang Mach-E , last month. In February, sales of the electric SUV surged 64% year over year. CEO Jim Farley said the automaker is developing a low-cost EV platform to keep up with Tesla and low-cost Chinese automakers.

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Baua Electric

APRIL 11, 2024

Chinese automaker Chery is planning to make cars in Spain, where the EV market is at just 12%, half that of Portugal and France. Chinese companies MG, BYD, and Chery have also been scouting sites in Mexico and talking to officials for better access to the North American market.

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Baua Electric

JANUARY 5, 2024

The company also plans to release an SUV version that will arrive the following year. The German automaker teased the electric SUV for the first time last month. Volkswagen ID 2 all SUV (Source: Volkswagen) It almost appears to have a Volvo EX30 -like design. It will be one of ten new VW EVs launched by 2026.

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Baua Electric

APRIL 5, 2024

With low-cost electric cars, Hyundai Motor , along with Kia, surged past American automakers Ford and GM in the US EV market in the first three months of 2024. Hyundai’s best-selling electric SUV, the IONIQ 5, set a new sales record last month, pushing EV sales up 100% over last year.

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Baua Electric

MARCH 17, 2024

Skoda not only leads Europe’s largest car maker Volkswagen Group’s operations in India, it also steers the low-cost vehicle architecture projects, for both internal combustion engines (ICEs) and electric vehicles (EVs). With the promise of a future in the EV business, M&M had been making rapid strides in the mainstream SUV market.

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Tony Karrer Delicious EVdriven

APRIL 22, 2009

The battery-powered cars that Chinese companies are showing are intended to be much less expensive than those planned by big foreign companies. Chinese auto makers also showed other types of "new energy" vehicles, including regular gasoline-electric hybrids to compete with Toyota Motor Corp.s Brilliance Jinbei Automobile Co.

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Tony Karrer Delicious EVdriven

APRIL 21, 2009

In late 2008, BYD started selling the first production PHEV in China. However," he continued, "If carmakers decide not to take advantage of this offer, AFS Trinity intends to raise the funds to begin modifying existing hybrids or manufacture its own 150 mpg SUVs and, eventually, 250 mpg sedans.

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