Remove tag
Remove Chinese Remove Ford Remove Global Remove Vehicles
article thumbnail

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. In January alone, BYD sold 105,304 fully electric cars, marking a 48% increase from the 71,338 vehicles sold in the previous year.

BYD 40
article thumbnail

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

Teslarati

Tesla aimed to make the Model Y the best-selling vehicle in any category worldwide, and the SUV is performing as expected. Iceland has been partial to Toyota vehicles over the last few decades. The Tesla Model Y and Tesla Model 3 have become popular choices for first-time electric vehicle buyers. BEVs made up 7.4%

Iceland 107
article thumbnail

Ford CEO Unveils New Figo for India Market and Export Sales, New Manufacturing Plant in China with Changan

Green Car Congress

The Ford Figo. Ford Motor Company President and CEO Alan Mulally revealed the new Ford Figo, the anticipated new car to be produced in India and targeted at the India and export market. Ford said that Mulally’s visit for the reveal underscores the strategic importance of India in Ford’s future plans. Earlier post.)

India 210
article thumbnail

Ford opening 66 more new dealerships in China by end of year; Asia-Pacific growth plans

Green Car Congress

Ford is opening 66 new dealerships in China by the end of the year. Ford will have added 100 new dealerships in China in 2010, bringing its total number of outlets here to 340. It’s all about growth—for Ford, for our partners and most importantly, growth for our customers.

Asia 199
article thumbnail

New GM Subsidiaries Will Include Delphi Components Operations and Global Steering Business

Green Car Congress

Four US-based Delphi components operations and Delphi’s global steering business will become part of two new, wholly-owned GM subsidiaries effective upon closing of the transaction. The acquisition will help GM to maintain continued uninterrupted supply to its global GM car and truck operations. Tags: Brief. Tata Motors Ltd.

GM 150
article thumbnail

BYD to Supply Li-ion Batteries to a Major Chinese Automaker

Green Car Congress

BYD, the China-based battery and automaker, will supply lithium-ion batteries to one of China’s top three auto groups for applications in hybrid vehicles. global threat. ”. BYD, around 10%-owned by Warren Buffett’ss Berkshire Hathaway, sold 170,000 vehicles in 2008 and is targeting sales of 400,000 units this year and 700,000 in 2010.

Li-ion 199
article thumbnail

BYD expects at least $4 billion in net income from surging EV sales

Baua Electric

In the last three months of the year, the Chinese automaker overtook Tesla as the largest global EV maker as it expanded the brand. The brand’s first vehicle, the U8 off-roader, launched in September. The price tag is expected to be around $140,000 (1 million RMB). billion (31 billion yuan) in net income.

BYD 52