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BloombergNEF shares its 2024 Electric Vehicle Outlook

Teslarati

The auto industry continues to shift toward electric vehicles (EVs), and while sales growth has slowed somewhat this year at many companies and in many markets, recent guidance shows that it may only be in the near-term. “Electric vehicles are no longer only a wealthy country phenomenon. .

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BMW Group Thailand begins local assembly of high-voltage batteries for BMW plug-in hybrid vehicles

Green Car Congress

BMW Group Thailand has inaugurated local high-voltage battery production plant in partnership with the DRÄXLMAIER Group, one of the world’s leading automotive suppliers and a partner of BMW Group since 1966. BMW Group Thailand launched the local assembly lines in July 2019 at the DRÄXLMAIER Group plant.

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Thailand’s EV industry growing rapidly

Green Car Congress

The Thailand Board of Investment announced that Thailand has received more foreign direct investment supporting the country’s growing electric vehicle production ecosystem. The ASEAN member states are Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.

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Foxconn about to start Electric Vehicles.

Electric Vehicles India

Taiwan tech company Foxconn about to start Electric Vehicles. The company also clarified the plan to build for automotive customers rather than selling to customers under its brand.” cost of Electric vehicles are going to available for petrol vehicle cost.

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BYD Chairman forecasts falling profit margins in 2024

Teslarati

BYD Chairman Wang Chuanfu forecasts falling profit margins in 2024 but remains confident that the company will maintain stable profitability. The company is aiming for a 20% sales growth this year. BYD sells pure battery electric vehicles (BEVs) and plug-in hybrids.

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EV Companies Taking More & More Share of World EV Market

CleanTechnica EVs

If you’re wondering who is winning in the growing electric vehicle market, you should know by now that Tesla and. continued] The post EV Companies Taking More & More Share of World EV Market appeared first on CleanTechnica.

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Nissan, Frost & Sullivan study finds 37% of Southeast Asian consumers open to buying EV

Green Car Congress

Thirty-seven percent of Southeast Asian consumers planning to buy a car are open to purchasing an electric vehicle, according to a Nissan-commissioned study by Frost & Sullivan. Customers in the Philippines, Thailand and Indonesia emerged as the most enthusiastic about electric cars. Source: Nissan. Click to enlarge.

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