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BYD sets lower sales growth & warns of looming price war

Teslarati

BYD set lower sales growth goals for 2024, warning of a looming price war and overcapacity in Mainland China’s electric vehicle (EV) sector. BYD Chairman and President Wang Chuanfu held an investors conference earlier this week. The Chinese automaker estimates account for some challenges BYD expects this year.

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BYD says plug-in electrics will exceed 50 pct of new car sales in China in next 3 months

The Driven EV News

The head of Chinese electric car giant BYD says sales of plug-in vehicles will reach 50 per cent of the new car market in China in the next 90 days. The post BYD says plug-in electrics will exceed 50 pct of new car sales in China in next 3 months appeared first on The Driven.

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BYD, Toyota jointly to develop battery electric vehicles for Chinese market

Green Car Congress

BYD Company Ltd. The two parties will jointly develop sedans and low-floor SUVs as well as the onboard batteries for these vehicles and others with the aim to launch them in the Chinese market under the Toyota brand in the first half of the 2020s.

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Mexico Won't Offer EV Incentives to Chinese Automakers

The Truth About Cars

Chinese automakers are expanding into Mexico, with companies like BYD opening dealerships across the country. Automotive News reported that the country would not offer tax incentives or land discounts to Chinese automakers. They also want to take action to protect American EVs from cheap or subsidized Chinese models.

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BYD enters European market, reportedly already supplying batteries to Tesla

Green Car Reports

Chinese automaker and battery supplier BYD is entering the European market—and that could include supplying batteries to Tesla. Earlier this month, Sweden's Hedin Mobility Group announced that it would distribute and sell BYD passenger cars in its home country and Germany.

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33% Plugin Vehicle Market Share In China — February 2024 Sales Report

CleanTechnica EVs

Plugin vehicles are all the rage in the Chinese auto market, even in the slowest month of the year — due to the Chinese New Year celebrations. Due to the fact that festivities occurred this year in February, and last year they were in January, the market had an apparently.

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BYD officially launches Seagull to expand its presence in China's EV market

CN EV Post

BYD has officially launched the Seagull with a starting price of just RMB 73,800, after starting pre-sales of the Yangwang U8, which costs over RMB 1 million, last week. Image credit: CnEVPost) The Seagull is an A0-class EV based on BYD's e-Platform 3.0 kWh and 38.88 kWh and 38.88

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