Green Car Congress
OCTOBER 18, 2022
Emerging from this considerable research and development is the ground-breaking Blade Battery which is revolutionizing safety, durability and performance in the EV industry. 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.
Baua Electric
MARCH 12, 2024
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. The Hungary plant will be able to build 150,000 vehicles a year with the ability to double output to 300,000 eventually. Shu explained, “It will be Europe for Europe.”
Green Car Congress
MARCH 27, 2020
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.
Baua Electric
MARCH 28, 2024
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.” Electrek’s Take BYD has already sent shockwaves throughout the industry with the new Seagull EV starting under $10,000.
EV Sales
MARCH 22, 2021
8TH PLACE: SOUTH KOREA, 51 POINTS (6TH IN 2019) Claim to fame: Korean EV makers (basically, the Hyundai-Kia conglomerate) continued their advance, nearing 200k made in 2020, while Korean battery makers cemented their global dominance with twin giants LG Chem and Samsung launching factories in Hungary, and more being built elsewhere.
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