Remove Chinese Remove Indonesia Remove Market Remove Sale
article thumbnail

Toyota sales slide as aggressive price cuts by BYD, Chinese EV makers take effect

Baua Electric

Toyota’s global sales fell over 5% last month, partly driven by the impact of BYD’s price cuts in key markets like China, Southeast Asia, and even Japan. Although demand remained strong in North America and Europe, pressure in Japan and China led to fewer sales. The Japanese automaker’s global sales are down 0.9%

BYD 52
article thumbnail

Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

Europe, the birthplace of the automobile industry, to North America across the Pacific Ocean, has always been the top stage that Chinese car companies hope to step on. However, the Southeast Asian market at home has recently become a new target for many car companies. A large market of 10 million vehicles.

Asia 97
article thumbnail

Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

Green Car Congress

How Electrifying Transport and Chinese Investment are Playing Out in Indonesia —focuses on nickel as a critical mineral, but has implications for the broader minerals and materials supply chains needed for broad-scale energy transition. Global Nickel Trade and Chinese Dominance. The detailed report— Need Nickel?

China 416
article thumbnail

CATL still dominates the EV battery market share in 2024, but BYD is gaining ground

Baua Electric

As global EV battery consumption continues rising, the most prominent players, including CATL and BYD, continue dominating the market in 2024. CATL still owns over a third of the market, but BYD looks to close the gap with new lower-priced EVs. of the market through April 2024. The company’s market share was up from 14.3%

BYD 52
article thumbnail

Nissan and Honda unite to join global software-defined EV race, play catch up with Tesla

Baua Electric

The Nissan, Honda, and Mitsubishi partnership comes as Tesla and Chinese EV makers like BYD continue expanding in key global markets, including Japan, taking market share. And that’s just one market. Toyota’s sales are down 0.9% Toyota’s sales are down 0.9%

Honda 52
article thumbnail

Roskill: automotive batteries and stainless steel to drive nickel demand

Green Car Congress

In its new ten-year market outlook to 2027, Roskill, a leading provider of international metals and minerals research, forecasts primary nickel consumption to rise by just under 4% per year between 2017 and 2027, driven by increased consumption by stainless steel producers and by growth in demand in the automotive battery sector.

Indonesia 170
article thumbnail

China based company introducing a new Electric car.

Electric Vehicles India

Wuling, the china based company introducing a new Electric car small-sized electric vehicle in Indonesia. Specification: The Chinese-spec Electric car is offered in two trims mainly differentiated based on the seating layout. Kia Launched EV6 into Indian Market. There will be a two-seater trim spanning 2,599 mm(102.3