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BYD’s strategy to take over Europe [Feature]

Teslarati

BYD and other Chinese automakers have studied the European auto market for years. BYD’s strategy to take over Europe was recently revealed in a report by Reuters. Below are the strategies BYD and Chinese automakers are implementing to deploy their vehicles in Europe. “In China, the purchase price is important.

Europe 88
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BloombergNEF annual battery price survey finds prices fell 6% from 2020 to 2021

Green Car Congress

Lithium-ion battery pack prices, which were above $1,200 per kilowatt-hour in 2010, have fallen 89% in real terms to $132/kWh in 2021, according to a new report from BloombergNEF (BNEF). All prices are in real 2021 $, unless stated as nominal.) At the cell level, average BEV prices were just $97/kWh.

Price 469
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BYD DOLPHIN Goes On Sale In Europe Starting At €29,990

Electric Cars Report

Chinese leading electric vehicle manufacturer BYD announced the market launch of the new pure-electric BYD DOLPHIN in Europe. This all-new C-segment hatchback combines distinctive ‘playful’ design aesthetics with versatility, agility and an abundance of standard equipment, together with BYD’s EV technology.

BYD 117
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Europe may slap retroactive tariffs on Chinese EVs

Baua Electric

After months of investigation, the European Commission says it has found evidence that China has been “unfairly” subsidizing the EVs it exports to Europe. Possible “remedies” on the table include retroactive tariffs on Chinese EVs. But now Europe may enforce its own tariffs. million overall BEV sales. BYD alone sold 1.6

Chinese 52
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Chinese-made cars account for one in five BEV sales in February in Europe | Autocar Professional

Baua Electric

February 2024 was a positive month for the new car market in Europe. JATO’s data revealed that these vehicles were responsible for 61% of total sales in February 2024, in comparison to the 62% registered in February 2019. However, Battery Electric Vehicles (BEVs) are not driving growth as they historically have done.

Chinese 52
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BYD Europe aims to beat Tesla & big EU automakers

Teslarati

BYD Europe aims to beat Tesla and other prominent EU automakers, like Volkswagen and Stellantis. BYD Europe wants to triple its market in the region by 2025. The Chinese automaker plans to use an aggressive marketing strategy to accomplish its goal. Chinese EVs, like those made by BYD, are often more technologically advanced.

BYD 82
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Stellantis & Leapmotor joint venture gets approval from Chinese regulator

Teslarati

It acquired 20% of the Chinese automakers, making it a significant shareholder. Tesla’s China deals concerns chair of US Congressional Committee In a statement to Reuters , Leapmotor shared that its first EV model for the overseas market will be launched for sale in Germany, France, Italy, and Spain. billion in Leapmotor.

Chinese 103