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

Baua Electric

During an investor meeting on Wednesday, BYD’s CEO, Wang Chaunfu, said it will launch its next-gen hybrid tech offering over 1,200 miles (2,000 km) range. BYD can offer low-cost EVs, like the new Seagull , starting under $10,000 (69,800 yuan) and still make a profit. The 30% offers room for Chinese brands to grow.

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

Baua Electric

The fully electric BYD Atto 3 SUV was the top-selling electric model, with over 19,200 units delivered. The company announced Friday its investment will create a significant number of jobs while bringing advanced EV manufacturing tech to the region. Its first low-cost EVs will be a smaller pickup and SUV.

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

Baua Electric

Audi plots a new lower-cost EV, an electric A3 or Q3 After unveiling the new Q6 e-tron this week, its next-gen premium mid-size electric SUV, Audi, is planning a smaller, lower-cost EV. The American automaker is developing a new low-cost EV platform to underpin a smaller electric pickup and SUV.

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