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

Baua Electric

Leading EV maker BYD is quickly expanding overseas after dominating its home market. The fully electric BYD Atto 3 SUV was the top-selling electric model, with over 19,200 units delivered. Toyota’s sales are down over 24% in Thailand through February as EV makers like BYD continue stealing market share.

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Audi is the latest automaker to reveal plans for a lower-cost EV

Baua Electric

“Despite the recent public debate, there is no doubt the future of the car is electric,” Audi’s boss explained. “At At Audi, we will electrify all core segments by 2027 and have defined a fully electric target portfolio.” Kia is also planning a series of low-cost models. 2 SUV , the affordable EVs bigger sibling.

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