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BYD to kick off EV production at new Thailand plant in Q3 as overseas expansion accelerates

Baua Electric

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 set to begin EV production in Thailand in Q3 After showcasing its full range of brands at the Bangkok Auto Show this week, BYD said it will kick off EV production in the country in Q3.

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BYD is now shipping its own EVs as first cargo ship heads to Europe

Baua Electric

1 is the first Chinese-made ship designed to carry domestic EVs overseas. First BYD ship sets sights on Europe to deliver EVs Marking a “new era” for Chinese vehicles, BYD’s first ship designed to carry EVs arrived at Yantai Port on January 9. 1 is the first vessel built by a Chinese shipyard designed for exporting domestic vehicles.

BYD 52
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Ford opening 66 more new dealerships in China by end of year; Asia-Pacific growth plans

Green Car Congress

Many of these cities, relatively unknown outside of China, have populations well above one million people and will help lead the next wave of growth in the Chinese economy. Ford is introducing the new Edge SUV to China in mid-December. Ford is aggressively expanding in Thailand as well.

Asia 199
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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Chinese car makers can undercut rivals in Europe because their production costs are heavily subsidised. The main export markets for these vehicles were Europe and countries in the Asia Pacific region, such as Thailand and Australia. China exported over 1.2 million EVs in 2023 In China, the number of new electric car sales reached 8.1

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How do Chinese language EV makers roll out unutilized merchandise so temporarily?

Baua Electric

Certainly one of our readers despatched me an e-mail asking how it’s imaginable that some 2-year-old Chinese language firms have already got 3 unutilized EVs at the street (Zeekr) or {that a} unutilized maker can create 7 unutilized fashions and seven facelifts in 5 years (Nio). All are in keeping with Geely’s SEA platform.

Chinese 40