Baua Electric

APRIL 10, 2024

Kia to launch new low-cost models, including Carens EV During its recent CEO Investor Day , Kia unveiled its new roadmap to becoming an electrification leader. The move comes as Kia looks to fend off low-cost Chinese automakers like BYD. Kia expects to cover most segments with prices between $25,000 and $80,000.

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Teslarati

MARCH 24, 2024

China is the world’s largest automotive market, and understandably so, an important one for electric vehicle (EV) makers like Tesla. Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. auto market anytime soon , some U.S. While BYD said just last month that it has no plans to enter the U.S.

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Baua Electric

MARCH 6, 2024

Possible “remedies” on the table include retroactive tariffs on Chinese EVs. Back in October 2023, Europe launched its formal investigation into the Chinese EV industry, as European companies are struggling to compete with the cheap, high-tech Chinese imports, made by low-cost labor, entering the European Union.

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Baua Electric

APRIL 1, 2024

Ford is moving inventory after slashing prices by up to $8,100 on its best-selling electric SUV, the Mustang Mach-E , last month. A recent Cloud Theory report reveals that the price cuts are working as buyers look for more affordable EVs. Even with the price cuts, the Mach-E’s turn rate reached 33%. billion last year.

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Teslarati

JUNE 27, 2022

Chinese electric vehicle sales have hit 31 percent of the overall market, with 25 percent being pure EVs, a substantial growth year-over-year. According to a report by CleanTechnica , sales of electrified vehicles in May hit 31 percent of the overall market with 25 percent being fully electric vehicles.

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Baua Electric

APRIL 5, 2024

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. With low-cost electric cars, Hyundai Motor , along with Kia, surged past American automakers Ford and GM in the US EV market in the first three months of 2024. Tesla’s Model 3 was the next closest to hitting the mark.

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Baua Electric

MARCH 11, 2024

A new report claims BYD’s new EV platform will slash costs even further as the automaker kicks off a “liberation battle” against gas-powered cars. Best known for its low-cost EVs, such as the Dolphin, Atto 3, and sleek Seal sedan, BYD is taking its game up a notch in 2024. It’s gas-powered cars.

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Baua Electric

MARCH 19, 2024

The penetration rate could be even higher over the next three months as NEVs dominate the market, according to Wang. BYD Atto 3 (Source: BYD) After dominating their domestic market, Chinese NEVs are now expanding overseas. About half of BYD’s sales are all-electric, while the other half are PHEVs.

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Teslarati

MAY 7, 2024

The numbers are quite similar to February 2024, a month whose results were slowed down by the 2024 Chinese New Year holiday. Both the Model 3 and Model Y are Tesla’s mass market cars and comprise the lion’s share of the company’s sales.

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Teslarati

MARCH 26, 2024

Chinese automotive giant and electric vehicle (EV) maker BYD posted its 2023 earnings results this week, with the company reporting its slowest quarterly growth rate in almost two years. China is one of Tesla’s most important auto markets , and BYD has been the U.S. The automaker posted 8.67 billion yuan (~1.2 percent to 180.04

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Baua Electric

MARCH 20, 2024

According to a new report, the Hyundai IONIQ 6 is the only EV on the market offering fast charging in under 20 minutes, over 350 miles range, and at an affordable starting price. And you get all of this starting at an affordable starting price of as little as $38,650. 361 $43,656 SEL RWD 77.4 305 $46,365 Limited RWD 77.4

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EV Central

APRIL 9, 2024

Media reporting says Tesla has given up its plans of launching its entry-level Tesla Model 2 because of increased competition and the price war it is waging in China. Also applying pressure are the influx of rivals from Europe with car-makers like Renault and the Volkswagen Group announcing their own affordable EV priced at around $30,000.

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Baua Electric

MARCH 18, 2024

Ford is developing a new low-cost EV platform to power a small electric pickup and SUV, with starting prices around $25,000. Shifting to low-cost EVs Although low-cost Chinese passenger EVs, like BYD , are not sold in the US, they are having a big impact on domestic automakers.

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Baua Electric

JANUARY 30, 2024

Nissan plans to produce lithium iron phosphate (LFP) batteries as it looks to lower EV prices. Nissan is developing LFP batteries to lower EV prices Although Nissan was topped by China’s BYD in passenger vehicle sales in November, the automaker has a plan to regain its share. market share through last November. of the share.

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Get Electric Vehicle

FEBRUARY 14, 2024

According to studies conducted by various bodies, the price of lithium, which is the critical element used in EV battery production, would likely decline this year. According to AOCE, the average spot price of lithium hydroxide is expected to drop to about $30,000 per tonne by 2025.

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Baua Electric

APRIL 5, 2024

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. Since its major re-brand in 2021, Kia has made noticeable changes in its products, design, and marketing efforts. million in 2030.

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Baua Electric

MARCH 27, 2024

The higher purchase prices of EVs now represent the number-one obstacle to mass adoption. Automakers have figured this out (some a bit later than others), and are adjusting their strategies to bring more low-priced EVs to market. Meanwhile, plans for a huge three-row electric SUV have been shifted to the slow lane.

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Baua Electric

APRIL 5, 2024

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. Since its major re-brand in 2021, Kia has made noticeable changes in its products, design, and marketing efforts. million in 2030.

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Green Car Congress

DECEMBER 4, 2019

China continues to be the leading country for e-mobility in terms of industry and market, according to the E-Mobility Index 2019 from fka GmbH and Roland Berger GmbH. Chinese vehicles are improving significantly and becoming safer and more efficient. Japanese manufacturers are placing few new all-electric vehicles on the market.

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Baua Electric

MAY 17, 2024

However, a low-cost Volkswagen electric car is still in the plans. A new Reuters report claims Volkswagen has ended talks with Renault to build a low-cost electric version of its Twingo. Meanwhile, VW brand CEO Thomas Shafer confirmed he wants to launch a low-price EV by 2027. Volkswagen ID.3 Time will tell.

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Baua Electric

MARCH 19, 2024

US chip-making giant NVIDIA is expanding ties with several Chinese automakers, including BYD , as the race for the best software and features heats up. BYD, Chinese EV makers select NVIDIA Drive Thor NVIDIA announced the partnership with BYD during its GTC conference on Tuesday. FTC: We use income earning auto affiliate links.

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Teslarati

AUGUST 3, 2023

BYD’s sales of pure electric cars lag against Tesla’s, but in terms of raw NEV volumes, the Chinese automaker is far ahead of the American EV company. India is an increasingly important market in the auto industry. An official has reportedly noted that India is “uncomfortable with Chinese automakers” as well.

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Baua Electric

FEBRUARY 29, 2024

The driving force behind this trend is the substantial reduction in capital costs for renewable energy projects. China leads the pack with a 40-70% cost reduction in utility-scale solar, onshore wind, and offshore wind compared to other Asia Pacific markets.

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Baua Electric

MARCH 7, 2024

This deal is the first of its kind for a Western automaker and gives Stellantis the exclusive rights to build, export, and sell Leapmotor brand EVs outside of China, and it is already mulling some exciting markets for them. The Chinese automaker also shared that its first EV shipments to Europe could come as early as the second half of 2024.

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EV Central

OCTOBER 23, 2022

Renault’s coming small EVs will deliver European style at Chinese prices… and they’re likely to make it to Australia. Starting prices for the 4, a small front-drive SUV, and the 5, a small front-drive hatchback, will be between €20,000 and €25,000 he estimated. Including Australia?

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Baua Electric

APRIL 11, 2024

Chinese automaker Chery is planning to make cars in Spain, where the EV market is at just 12%, half that of Portugal and France. Chinese companies MG, BYD, and Chery have also been scouting sites in Mexico and talking to officials for better access to the North American market.

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Baua Electric

MARCH 6, 2024

Can Kia challenge Toyota, which has dominated the market in Thailand, with affordable EVs? Chinese automakers like BYD are already stealing market share, but Kia is in talks over a new EV plant in Thailand that could help position itself as an early leader. billion in EV investments.

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Baua Electric

APRIL 8, 2024

The batteries are installed in most BYD models, such as the low-cost Seagull, Dolphin electric hatch, and Atto 3 SUV. BYD Dolphin (left) and Atto 3 (right) Source: BYD Electrek’s Take After declaring a “liberation battle” on gas-powered cars earlier this year, BYD has launched a series of lower-priced EVs, undercutting rivals.

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Baua Electric

MARCH 29, 2024

Leading EV maker BYD is quickly expanding overseas after dominating its home market. BYD Dolphin Mini (Seagull) launch in Brazil (Source: BYD) Electrek’s Take Although Japanese automakers, like Toyota, have long dominated the Thai auto market, BYD is making its presence known. Its first low-cost EVs will be a smaller pickup and SUV.

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Baua Electric

MARCH 28, 2024

BYD can offer low-cost EVs, like the new Seagull , starting under $10,000 (69,800 yuan) and still make a profit. Its next-gen DM-i system will enable an even more range at a lower cost. As new electric cars roll out in China, BYD sees joint venture brands (overseas automakers) market share falling from 40% to 10%.

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Baua Electric

JANUARY 29, 2024

In the last three months of the year, the Chinese automaker overtook Tesla as the largest global EV maker as it expanded the brand. After dominating its home market and the world’s largest for EVs, BYD is quickly expanding overseas. BYD is already leading in growing EV markets like Thailand, Brazil, and Columbia. billion (31.5

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Green Car Congress

JANUARY 30, 2019

It’s been a decade of lows for commodities after posting 7 declines in 11 years, but we’ve seriously underestimated lithium. The commodities market endured yet another annus horribilis , with just four commodities—natural gas, uranium, cocoa and wheat—recording any uptick at all. It’s back with a vengeance in 2019. Source: Metallary.

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Teslarati

SEPTEMBER 2, 2021

Earlier this year, local reports from Chinese media outlets hinted that a vehicle that’s more affordable than the Model 3 would likely start testing at the latter half of the year. . A low-cost pure FSD car for the United States would also have some potential.

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Green Car Congress

NOVEMBER 24, 2019

areas of inquiry: The potential impact of climate change policies on global fleet composition, fuel consumption, fuel prices, and economic output. The outlook for vehicle ownership and travel, with a focus on the world’s two largest LDV markets: the US and China.

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Green Car Congress

NOVEMBER 21, 2016

Swiss battery manufacturer Leclanché SA ( earlier post ) and China-based Zhejiang Narada Power Source Co Ltd, a global battery manufacturer, announced a strategic partnership for the manufacturing and development of lithium-ion battery technology for the Chinese and global markets.

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My Electric Car

FEBRUARY 15, 2024

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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EV Central

MARCH 24, 2024

Designed to help both Honda and former EV pioneer, Nissan, play catch up with brands like Tesla and emerging Chinese rivals, the new arrangement follows shortly after Honda terminated its proposed EV venture with General Motors. One car, the Honda Prologue (pictured top), has already been released as a result of that dissolved partnership.

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