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BYD launches 3 new electric vehicles at the Paris Motor Show

Green Car Congress

BYD was also the first automotive OEM in the world to announce it would be ceasing production of ICE vehicles this year to focus on BEV and PHEV products. Global leader in new energy vehicles. BYD is the global leader in new energy vehicles (NEVs), and the third-largest auto brand in the world based on market capitalisation.

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JATO Dynamics: in decline of Euro new car market, electrified vehicles increase share to almost 13%

Green Car Congress

—Felipe Munoz, global analyst at JATO Dynamics. Against this negative backdrop, electrified vehicles (HEVs, PHEVs and BEVs) were once again the outlier in the industry. February 2020 registrations of HEVs were up 46% to 59,000; PHEVs were up 153% to 28,700; and BEVs were up 92% to 38,700 units year-on-year.

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BYD is ‘just getting started’ in Europe with plans to triple its EV market share

Baua Electric

According to global data collection firm DataForce , that would give it a 1.1% BYD aims for a 5% share of EV sales in Europe, even before production begins in Hungary. The facility will build electric cars with battery packs built in Hungary. Last year, the company sold 15,644 electric cars in the region.

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BYD says EVs have entered the ‘knockout round’ with next-gen tech rolling out

Baua Electric

Global EV leader BYD believes new energy vehicles, including EVs and PHEVs, have entered the “knockout round” with gas-powered cars. For example, BYD is building a plant in Hungary that will “be Europe, for Europe.” BYD plans to more than double its overseas sales this year, as it aims for one million in 2025.

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2020 Top 10 Countries in the Global EV Revolution

EV Sales

This is a global challenge, to which different countries can contribute in different ways, and the big picture must be in view. Since the general auto market remained slumped, global EV market share increased nicely from 2.8% Globally ~14k Ioniq BEVs were sold. It *is* literal madness to keep doing it. in 2019 to 4% in 2020.

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