Baua Electric

JANUARY 2, 2024

The Atto-3 SUV / Source: BYD Europe It was a huge year for profits at Chinese auto behemoth BYD. Adding up sales for all so-called new energy vehicles, including battery-only vehicles and hybrids, BYD sold 3 million vehicles in 2023. Tallying up its year-end sales, it’s a massive 62% growth from 2022. million vehicles.

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Teslarati

APRIL 7, 2021

Tesla all-electric vehicles showed tremendous growth in terms of registrations in Germany, skyrocketing over 83% in Q1 2021 compared to the same period in 2020. Tesla continues to show exceptional expansion in Germany, despite its production facility within the country not building any vehicles yet.

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Electric Cars Report

SEPTEMBER 29, 2022

Chinese EV maker BYD revealed the pre-sale prices of its new European passenger car range. The world’s leading manufacturer of new energy vehicles and power batteries immediately introduces three full-electric passenger vehicles which will be delivered to Norway, Sweden, Denmark, the Netherlands, Belgium, Luxembourg and Germany.

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Baua Electric

JANUARY 3, 2024

Plug-in hybrids present 9% of the sales, according to the report. But good news, diesel sales are rapidly declining , with only one in 10 new cars sold in 2023 running on diesel. However, things could change for Tesla as new stricter incentives, excluding Chinese-made models and Tesla’s Model 3 , are now put in place.

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Baua Electric

SEPTEMBER 17, 2023

Tesla’s good fortune has proven that buyers are clear to outsiders, although it’s vague whether or not Chinese language manufacturers will be capable of fit the promoting draw of Elon Musk. The quantity is anticipated to just about halve through 2030, as carmakers go increasingly more towards on-line gross sales.

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Teslarati

DECEMBER 5, 2022

However, he also stated that if Tesla does cut Giga Shanghai production, it would “NOT” be due to competition from other Chinese EV automakers. Potter theorized that Tesla might cut Giga Shanghai production due to macro headwinds and Giga Berlin in Germany.

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The Truth About Cars

JANUARY 25, 2024

Tesla was recently overtaken by Chinese automaker BYD as the world’s largest EV builder, but the American company had the world’s best-selling vehicle overall last year. According to a new report from data company JATO Dynamics, the Model Y sold 1.23 million vehicles, making it the global best-seller by a large margin. million sold.

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The Truth About Cars

SEPTEMBER 29, 2023

The company has cited market forces as the cause, noting that its Zwickau and Dresden plants in Germany would be throttled down for a couple of weeks. According to Reuters , regional demand for both models has declined as Chinese EVs have started to become commonplace in Europe. 3 technically is a Chinese-made EV. Both the ID.3

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Baua Electric

FEBRUARY 1, 2024

While European automakers have been shifting over to direct sales à la Tesla, China’s BYD, for Build Your Dreams, along with Chinese peers Xpend and Great Wall Motor are looking to dealers to build sales and provide networks to help their brands build solid reputations and trust among Europeans. Last year, the company sold 1.6

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Baua Electric

APRIL 26, 2024

Huawei Technologies has two huge booths at this week’s event, and there are at least seven Chinese automakers touting its Qiankun installed in their cars as the most sophisticated advanced driving assistance system (ADAS) to date. ” said Evangelos Simoudis, an investor and corporate adviser.

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Teslarati

AUGUST 13, 2021

billion yuan) in a share sale that will be made available to large investors. The proceeds will be used to build several new factories for battery production , increasing CATL’s availability as a supplier and establishing enough capacity to support the numerous EV companies it sells batteries to.

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Baua Electric

MAY 6, 2024

Germany may be facing a shortage of workers, but not all sectors are equally impacted. Emrullah Karaca has made brakes for the past 20 years, but he is now learning to assemble heat pumps instead, as the Continental factory where he works in northern Germany is slated to close.

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The Truth About Cars

MAY 2, 2023

Mercedes-Benz CEO Ola Kallenius has told the German media that the brand has no intention of cutting ties with China, saying such a move would be unwise for the whole of Germany industry.& Like many Western nations, Germany cut ties with Russia when war broke out in Ukraine.

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Baua Electric

MAY 1, 2024

One day after posting a significant drop in Q1 profits, Volkswagen Group is looking to trim down its administrative staff in Germany to bolster 2024 returns. Deliveries for Q1 were, in fact, up 3% year-over-year, but BEV sales fell. EV sales were only in the green in China (+91% YOY) and stumbled in Europe (-24%) and the US (-16%).

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Teslarati

JANUARY 4, 2024

Tesla CEO Elon Musk has responded to the comparisons being drawn by various media outlets regarding his company and high-powered Chinese rival BYD, which outpaced Musk’s company in terms of production of electric vehicles in the fourth quarter of 2023. Tesla’s factory in Germany only produces the Model Y.

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Teslarati

SEPTEMBER 15, 2023

Volkswagen faces mounting pressure to keep up with Tesla and Chinese automakers in the transition to battery-electric vehicles (BEVs), and its success in doing so could have major implications. Volkswagen had just around 145,000 sales. Our companies are mainly generating their profits abroad, helping to keep jobs in Germany.

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Teslarati

OCTOBER 9, 2021

The Model 3 has been shipped from Gigafactory Shanghai in China to Europe since January, and Tesla recently expanded its Chinese export strategy to include the Model Y, which was not available in Europe until last month. The post Tesla helps catapult EV sales past diesel in Europe for first time ever appeared first on TESLARATI.

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Baua Electric

FEBRUARY 7, 2024

Photo by Wallace Chuck on Pexels.com Ford is laying off some 3,500 workers in Germany as the automaker ends the production of the Focus – the once crazily popular car that never managed to get off the ground with its electric version – in 2025. But Ford pulled the plug on European sales in 2017, and 2018 in the US due to weak sales.

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Baua Electric

APRIL 11, 2024

Chinese automaker Chery is planning to make cars in Spain, where the EV market is at just 12%, half that of Portugal and France. The automaker plans to launch its first EV in Germany by the first half of this year: the Omoda 5 EV, which is set to start at €37,000 (about $39,750). Get started here.

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Baua Electric

APRIL 24, 2024

Chinese electric vehicle (EV) maker XPeng on Thursday said its software and artificial intelligence training upgrades will enter a “super fast cycle” from May, and that it hopes use of its platform will expand to other Asian countries and Europe.

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Baua Electric

MARCH 7, 2024

Following the initial signing by both automakers, Stellantis said the venture was targeting 500,000 EV sales outside of the Chinese market by the end of the decade. While seeing OEMs from separate continents collaborate on EVs is nothing new, those partnerships usually pertain to sales in the Chinese market.

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Baua Electric

MARCH 11, 2024

3 at its main factory in Wolfsburg, Germany, due to low demand , adding that “every euro that we do have to spend counts.” in 2023, VW delivered 140,800 ID3s, reports Automotive News Europe. The goal is to meet a return-on-sales target of 6.5%, which is up from 3.6% Volkswagen has canceled plans to build its all-electric ID.3

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Baua Electric

APRIL 11, 2024

Chinese EV makers are looking to export electric vehicles by the tens of thousands around the globe, but they need a lot more car-carrying vessels to make that happen. Yet, the current state of affairs is rapidly changing, with Chinese companies putting 47 ships on order, which accounts for a quarter of all orders globally.

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Teslarati

FEBRUARY 19, 2024

. “The new ID.7 7 Tourer is a perfect estate model, especially for families and long-distance drivers,” said Imelda Labbé, Volkswagen brand board of management for sales, marketing and after sales. 4 SUV at its EV plant in Emden, Germany. ” Volkswagen will produce the Passat-like ID.7 7 sedan and ID.4

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Baua Electric

MARCH 11, 2024

BYD’s first cargo ship landed in Germany last month carrying around 3,000 vehicles as the automaker looks to expand its global footprint. Ford’s CEO Jim Farley said if you cannot compete with the Chinese , “then 20% to 30% of your revenue is at risk.” For this reason, Ford is developing a low-cost EV platform to stay competitive.

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Baua Electric

MAY 12, 2024

Chinese EV brand Leapmotor, which has a joint venture (JV) with the Amsterdam-based Stellantis, may announce its India entry plan soon. The long-term product strategy in India is still under discussion with the Stellantis’ product-planning teams in Germany and China,” said one of the sources who did not wish to be named.

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Baua Electric

JANUARY 25, 2024

Global semiconductor sales are expected to grow from USD 600 million this year to more than USD 1 trillion by 2030, and all capacity currently planned in China will be needed. Among major chipmakers hoping to tap European subsidies, only TSMC has said it intends to break ground in 2024, on a 10-billion-euro plant in Dresden, Germany.

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EV Central

SEPTEMBER 4, 2023

The next stage in BYD’s plan for Australia’s electric vehicle market has been unveiled in Germany overnight, with the European debut of the BYD Seal U giving us our best look yet at the Chinese brand’s new mid-size SUV. architecture), and should arrive in two trim levels, and with two different battery sizes.

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Baua Electric

FEBRUARY 9, 2024

The Chinese EV automaker is quickly becoming a globally recognized name, recently garnering some serious clout after usurping long-time leader Tesla as the global EV leader by volume. That news came five weeks ago, but it feels like five months due to the number of moves BYD has been putting out since then.

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Teslarati

JUNE 16, 2022

“Non-Tesla vehicles can now charge at select Superchargers in Denmark, Finland, Germany, Luxembourg, and Switzerland via the Tesla app,” the automaker said today. Non-Tesla vehicles can now charge at select Superchargers in Denmark, Finland, Germany, Luxembourg and Switzerland via the Tesla app. Learn more at [link].

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Baua Electric

MARCH 28, 2024

Global EV leader BYD believes new energy vehicles, including EVs and PHEVs, have entered the “knockout round” with gas-powered cars. BYD plans to more than double its overseas sales this year, as it aims for one million in 2025. We reported earlier this month that BYD looks to crush gas-powered car sales with its newest platform.

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Baua Electric

JULY 3, 2023

The HiPhi Y electrical SUV will collision the Chinese language marketplace on July 15. HiPhi additionally identified that the settingup will transform a global premiere with a key target market in China, Japan, the United Kingdom, Germany, Norway and Saudi Arabia. Anyway, HiPhi nonetheless wishes to extend its gross sales.

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Baua Electric

MARCH 19, 2024

About half of BYD’s sales are all-electric, while the other half are PHEVs. Last year, NEVs accounted for 35% of China’s auto sales. A jump to 45% would mean an extra two million NEV sales, according to Wang. BYD Atto 3 (Source: BYD) After dominating their domestic market, Chinese NEVs are now expanding overseas.

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Baua Electric

MAY 14, 2024

Chinese EV brand Leapmotor, which entered into a binding agreement to sign a joint venture (JV) with the Amsterdam-based Stellantis, concluded the deal in a short span of 7 months on Tuesday. After that homologation, sales will start in September 2024. The brand will be sold across 200 dealerships in the region.

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Teslarati

MARCH 12, 2023

“Volkswagen sees how big the threat is from Tesla,” Dudenhoeffer told AFP–a German news agency. Tesla’s Market Share in China According to a local German report, Volkswagen holds 16% market share in China thanks to its internal combustion engine (ICE) vehicle sales. VW’s new price of the ID.

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Baua Electric

FEBRUARY 5, 2024

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. Plus, it’s free to use and you won’t get sales calls until you select an installer and share your phone number with them. Get started here.

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Baua Electric

JULY 28, 2023

MG gross sales throughout Europe reached 99,789 within the first six months, when compared with 42,296 in the similar duration extreme occasion, in step with figures from marketplace researcher Dataforce. I am strongly convinced the moment the Chinese want to scale in Europe, they will also produce locally. and Europe head.

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