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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. 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 was Thailand’s best-selling EV maker last year. Its first low-cost EVs will be a smaller pickup and SUV.

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Mercedes-Benz will be producing 8 all-electric EQ models in 2022

Green Car Congress

The EQS, the first electric luxury sedan from Mercedes-Benz, will start in the first half of 2021 in Factory 56 at the Sindelfingen site (Germany). BBAC), launched EQC production for the local market in China. In 2020 production of the EQV premium electric MPV (combined power consumption: 26.4

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Daimler battery subsidiary Accumotive doubles the amount of employees to approximately 1,000

Green Car Congress

More than ten will be fully electric passenger cars—throughout all segments, from the smart to the large SUV. The first Mercedes-Benz of the new product- and technology-brand EQ will be the EQC, which will be ramped-up in spring 2019 in the Mercedes-Benz Bremen plant and then will reach the market in mid-2019.

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BYD EV sales grew nearly 50% in January as exports reached a new high

Baua Electric

BYD EV sales momentum continues in January BYD sold 105,304 fully electric cars last month, up 48% from the 71,338 handed over last year. Interestingly, BYD’s all-electric vehicles are beginning to outpace its plug-in hybrids (PHEVs). Production was also up significantly, with 114,365 EVs built last month, up 64% YOY.

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Mercedes-Benz opens Bibb County battery plant, ready for production of EQ vehicles in US; partnership with Envision AESC

Green Car Congress

The new US battery factory underscores the importance of the United States within the Mercedes-Benz global production network and the status of Alabama as an export hub for luxury SUVs in the electric era. The battery factory in Bibb County will provide batteries for the new EQS SUV and the EQE SUV.

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

Baua Electric

These trends indicate that growth remains robust as electric car markets mature. Battery electric cars accounted for 70% of the electric car stock in 2023, states the IEA annual report of the EV global parc. However, sales remain limited elsewhere, even in countries with developed car markets such as Japan and India.