Chinese Hungary Sale Tech 
Baua Electric
AUGUST 28, 2024
BYD credited the Q2 profit surge to rebounding vehicle sales, which reached a new record. BYD record vehicle sales lead to higher Q2 profits BYD announced net income reached RMB 9.06 billion), driven by higher vehicle sales. Although most of BYD’s sales are still in China, the company is quickly expanding overseas.
Baua Electric
MARCH 28, 2024
BYD plans to more than double its overseas sales this year, as it aims for one million in 2025. During an investor meeting on Wednesday, BYD’s CEO, Wang Chaunfu, said it will launch its next-gen hybrid tech offering over 1,200 miles (2,000 km) range. The 30% offers room for Chinese brands to grow.
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
Baua Electric
JANUARY 22, 2024
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. million fully battery-electric vehicles last year, overtaking Telsa in overall BEV sales.
Baua Electric
JUNE 6, 2024
The new factories come in addition to the six already planned in Germany, Thailand, Hungary, Indonesia, and two in the US. Despite a slow start to 2024 due to the Chinese New Year, BYD saw solid sales growth. Samsung’s growth was boosted by higher BMW i4, i5, iX, and Rivian R1T and R1S sales. BYD ranked second with a 15.4%
Baua Electric
MARCH 29, 2024
BYD is now set to begin production at its new EV plant in Thailand in the third quarter as it looks to accelerate overseas sales. BYD’s general manager of its Asia-Pacific Sales Division said people were lining up to purchase the car after hitting its 10K sales goal in just 42 days.
Baua Electric
MARCH 18, 2024
Audi farms dual motors for the Q6 E-Tron in Hungary, rated at 140 kw in front and 250 kw in the rear. The Q6 E-Tron shows off a new interior that wraps around the driver in a cool tech embrace. Stay tuned: we’ll drive the Q6 E-Tron later this year, in advance of its on-sale launch, expected by early December 2024.
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