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

Baua Electric

After a record EV sales year, BYD expects to rake in at least $4 billion in net income. BYD forecasts its profits rising at least 75% last year. BYD expects at least $4 billion in 2023 net income BYD sold nearly 1.6 After dominating its home market and the world’s largest for EVs, BYD is quickly expanding overseas.

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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.

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Hyundai to launch a new electric mini-SUV at €20K

Baua Electric

Hyundai is prepping an electric entry-level mini-SUV called Casper to take on rivals Dacia Spring and Citroën’s ë-C3 in Europe. Assuming the Casper can meet France’s subsidies, it gives it a leg up on the Chinese-built Dacia Spring, which starts just at around €20,800 but has been bumped from the list this year. Get started here.

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Kia EV9 wins, Fisker franchises, Tesla tops BYD, leather in EVs: The Week in Reverse

Baua Electric

Among its many winning assets: It fits the form that American households seek in a family vehicle, without the luxury price tag, and it’s at the leading edge in all aspects of charging. Hyundai and Kia announce Samsung SmartThings connectivity The truck-engine maker Cummins faces a $1.7

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Target BYD Atto 3! China’s Chery Omoda E5 wants a big slice of the affordable electric SUV action

EV Central

Give the BYD Atto 3 something to think about! That’s the task BYD’s rival Chinese brand Chery has set its incoming Omoda E5 electric compact SUV. BYD Atto 3 In 2023 BYD sold 11,042 examples of the Atto 3 across its two model grades, making it the third-best selling EV in Australia behind the Tesla Model Y and Model 3.

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Seven-day test: Living with the 2024 Peugeot e-2008 GT. Can it really challenge a Tesla Model Y or BYD Atto 3?

EV Central

Then they sling a price tag on to practically ensure you don’t. I could drive-away a Tesla Model 3 RWD (513km range) for around $66,000, while Chinese SUV rivals like the BYD Atto 3 and MG4 offer better specs for less. A BYD Atto 3 or MG4 are much cheaper for similar kit and similar EV drive experience.

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2024 MG MG4: Essence 77 Long Range review – Chinese brand takes aim at the Tesla Model 3 with new premium play

EV Central

GWM Ora, MG4 and BYD Dolphin in battle to be cheapest EV READ MORE: MG4 2023 review: Excite 51 – battle of the budget electric vehicles heats up What does the MG4 Essence 77 cost? The instrument cluster is simple and more legible than the BYD Atto 3’s miniscule effort. Is the 77 a bonafide premium small car? Let’s find out.

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