Baua Electric

JANUARY 22, 2024

Back in September, the EU launched an investigation into the Chinese EV industry, as European companies are struggling to compete with the cheap, high-tech Chinese imports, made by low-cost labor, entering the EU. China last year overtook Japan as the world’s biggest car exporter ­– but most of those were ICE vehicles sold to Russia.

China 52

China BYD Chinese Chery 52

Tony Karrer Delicious EVdriven

APRIL 16, 2009

Today BYD employs 130,000 people in 11 factories, eight in China and one each in India, Hungary, and Romania. "Importing batteries from Japan was very expensive," Wang says. "If we put our staff in Japan or the U.S., near Motorola, and another 20 or so work in San Francisco, not far from Apple.

BYD 62

BYD 2009 Companies Electric Cars 62

EV Sales

MARCH 22, 2021

Most of this was driven by Europe, where strict cash penalties levied directly on automakers, for each ICE (internal-combustion engine) sold, came into effect January 2020 — and simply worked! Since the general auto market remained slumped, global EV market share increased nicely from 2.8% in 2019 to 4% in 2020.

2020 52

2020 Global 2019 Portugal 52