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Kia to launch new Carens EV, two other mass-market EVs in India

Baua Electric

With EV electric vehicle sales surging in India, several automakers are looking to grab their share. Kia recently revealed plans to launch three new EVs in the region, including a new Carens EV. The move comes as Kia looks to fend off low-cost Chinese automakers like BYD. million electric cars by 2030.

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Kia mulls EV plant in Thailand to take on Toyota and BYD with affordable electric cars

Baua Electric

Can Kia challenge Toyota, which has dominated the market in Thailand, with affordable EVs? 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 ball is in their court.”

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BYD Q1 EV sales top 300,000, but is it enough to maintain a lead over Tesla ?

Baua Electric

China’s leading electric car maker, BYD , recorded over 300,000 EV sales in Q1 2024, up 13% over last year. BYD EV sales rise 13% in Q1, down sequentially After topping Tesla in the last three months of 2023, BYD is doubling down in 2024. BYD’s electric vehicle production also rose 9%, with 291,730 EVs built in Q1.

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Hyundai Motor, including Kia top Ford and GM in US EV market with affordable EVs

Baua Electric

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. 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. Tesla’s Model 3 was the next closest to hitting the mark.

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BYD #1 In World In Plugin Vehicle Sales In 2022

CleanTechnica EVs

Top Auto Brands in World in EV Sales — December 2022 In the last stage of the 2022 race, BYD scored another record month, this time with 228,502 […] After looking at the top selling plugin vehicle models of 2022 across the world, let’s look at the auto brands that sold the most plugin vehicle models.

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Tesla Model Y and BYD Atto 3 lead the way as Chinese-built electric vehicle sales soar in Australia

EV Central

The Tesla Model Y continues to lead the electric car surge in Australia, finishing fourth outright on the sales ladder in July. Add in 604 Model 3 sedan sales and Tesla claimed eighth overall in July with 3934 sales. It also sits eighth for the year with 29,511 sales. That tally will spiral when the BYD Dolphin arrives.

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BYD expects at least $4 billion in net income from surging EV sales

Baua Electric

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 Despite the growth, BYD’s stock is slipping after missing analyst expectations of around $4.5

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