Remove tag EVs
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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. million EVs last year, up 73% from the 911,000 sold in 2022. In the last three months of the year, the Chinese automaker overtook Tesla as the largest global EV maker as it expanded the brand. billion (31.5 billion yuan).

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Cheap talk: Volkswagen to bed Renault in race to build sub-$30k EV | reports

EV Central

Created to be “affordable to the masses” it’s thought the new EV could be built on a new architecture that will slash costs further than cars based on the VW Group MEB, or the Renault’s CMF-EV architectures. A second VW-branded EV is also in the works that’s it’s thought Renault might co- develop.

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BYD Shatters Records: January 2024 Sales Surge 48% as Global Expansion Accelerates

My Electric Car

BYD, the Chinese electric vehicle (EV) manufacturer, experienced a significant increase in EV sales in January, with sales growing nearly 50% compared to the same month last year. Production also saw a substantial rise, with 114,365 EVs built last month, up 64% year-over-year (YOY).

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Tesla Model Y becomes top-selling car in Iceland and Australia

Teslarati

Recently, Tesla Europe shared that the Model Y broke a 35-year-old record in Iceland. Tesla’s price tag, charging times, intelligent features, and Supercharger Network contribute to the brand’s popularity. of the auto market’s June sales. of new vehicle sales for the first half of 2023.

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BYD launches latest Yuan Plus with cheaper $16,640 price tag

Teslarati

On Monday, BYD launched the Yuan Plus Glory Edition RMB 119,800 (~$16,640) in a post on Weibo, boasting a price tag that’s nearly 12 percent lower than the SUV’s previous Champion Edition, which was priced at RMB 135,800 (~$18,862). You can see a few images from the BYD Yuan Plus announcement on Weibo below.

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Hyundai to launch a new electric mini-SUV at €20K

Baua Electric

Hyundai is prepping an electric entry-level mini-SUV called Casper to take on rivals Dacia Spring and Citroën’s ë-C3 in Europe. The Casper, an ICE vehicle on sale in South Korea, will get a fresh new look in the form of an all-electric city car–slash–mini-SUV, releasing in European markets by the end of this year.

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GM expands to new European markets with its luxury $93K Lyriq

Baua Electric

The US automaker, which has been testing the European waters with its luxury Cadillac EVs since late last year, has just launched its Cadillac Lyriq SUV in France this morning, with other markets on the horizon. While Cadillac relies on a large dealer network in the US, European customers can order a customized EV directly online.

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