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Mercedes introducing EQB compact electric SUV in Shanghai

Green Car Congress

The market launch in China is scheduled for this year. After Europe, the international version of the EQB, produced in Kecskemét, Hungary, will be launched at the end of the year, followed by the US market launch in 2022. The EQB specific to China is produced in China at Beijing Benz Automotive Co.,

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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. BYD tripled its profits to $1.5

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New Daimler compact car plant begins production at BBAC in China

Green Car Congress

Mercedes-Benz’ new compact car plant in China, housed at the company’s local production joint venture Beijing Benz Automotive Corporation (BBAC), has begun production with the German car maker’s first locally build compact car: the GLA. The GLA is, after the GLK, the second SUV that is manufactured in China.

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NIO’s expansion into German, Dutch, Danish and Swedish markets coming with buildout of battery swap stations

Green Car Congress

China-based smart electric vehicle company NIO unveiled details of its products and services for Germany, the Netherlands, Denmark, and Sweden at a European launch event in Berlin. By 2025, NIO aims to build 1,000 PSS outside of China, most of which will be in Europe.

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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. billion in the first half of last year, according to Car News China. million in 2022, according to data from the China Association of Automobile Manufacturers. In China, some 1.5 In 2023, the company sold 1.6 million vehicles.

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

Baua Electric

Europe is much different from other key auto markets like China or the US, with several legislations and languages. BYD aims for a 5% share of EV sales in Europe, even before production begins in Hungary. The facility will build electric cars with battery packs built in Hungary. Shu explained, “It will be Europe for Europe.”

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Tesla slashes prices across Europe on Model Y

Baua Electric

The 2024 Model Y (Source: Tesla) Tesla has slashed the prices of its Model Y across Europe this morning, after it reduced prices of its Model 3 and Model Y prices in China to undercut BYD, according to CNBC. And BYD is looking to make some serious moves in Europe, and now that it will be building EVs in Hungary in the next couple of years.

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