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China says it will ‘rein in’ the flood of EVs coming our way

Baua Electric

BYD Atto 3 (Source: BYD) Europe and the US say that Chinese EV development is running wild and unchecked and on the verge of overwhelming the global market with, well, EVs the rest of the world can’t compete with. China last year overtook Japan as the world’s biggest car exporter ­– but most of those were ICE vehicles sold to Russia.

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BYD says EVs have entered the ‘knockout round’ with next-gen tech rolling out

Baua Electric

The 30% offers room for Chinese brands to grow. For example, BYD is building a plant in Hungary that will “be Europe, for Europe.” Meanwhile, after launching in Japan last year, BYD already accounted for 20% of Japan’s EV imports in January, a market dominated by Toyota.

BYD 52
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BYD shares first official images of its ultra-affordable Yuan Up SUV

Baua Electric

With Hungary seemingly set as its future home to EV production for the European market, BYD appears determined to break through the ceiling into the executive suite currently occupied by legacy EU automakers like Mercedes-Benz and Volkswagen while remaining price competitive with is easily its most prominent foe, Tesla. Have a look.

BYD 52
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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

Why hes banking on an obscure Chinese electric car company and a CEO who - no joke - drinks his own battery fluid. The E6 will hit the Chinese market later this year. The deal, which is awaiting final approval from the Chinese government, didnt get much notice at the time. EMAIL | PRINT | SHARE | RSS DIGG FACEBOOK DEL.ICIO.US

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China’s battery supply chain tops BNEF ranking for third consecutive time; Canada close 2nd, US drops to 3rd

Green Car Congress

Germany and Hungary will increase their battery manufacturing capability to match Poland, as cell and component plants come online in coming years. European countries such as Czechia, Hungary and Poland, continue to have advantages in their ability to provide cleaner and more sustainable supply chains.

Supplies 195
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2020 Top 10 Countries in the Global EV Revolution

EV Sales

For example, with increasing evidence of genocidal Chinese government towards Uyghur residents, including forced labor camps, the lack of transparency regarding whether any Chinese EVs benefit from such labor prompts me to deduct 1 production point from China (out of ~25 it had earned). Globally ~14k Ioniq BEVs were sold.

2020 52