Chinese Global Hungary PHEV 
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. The 30% offers room for Chinese brands to grow. For example, BYD is building a plant in Hungary that will “be Europe, for Europe.”
EV Sales
MARCH 22, 2021
This is a global challenge, to which different countries can contribute in different ways, and the big picture must be in view. Since the general auto market remained slumped, global EV market share increased nicely from 2.8% Globally ~14k Ioniq BEVs were sold. Globally ~14k Ioniq BEVs were sold. in 2019 to 4% in 2020.
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