Baua Electric
MARCH 29, 2024
BYD Atto 3 production (Source: BYD) After beginning production at its Uzbekistan plant in January, BYD is building new facilities in Hungary and Brazil as it expands the brand overseas. Ford’s CEO Jim Farley called the low-cost EV “pretty damn good,” warning the competition of incoming Chinese electric cars.
Baua Electric
MARCH 28, 2024
BYD can offer low-cost EVs, like the new Seagull , starting under $10,000 (69,800 yuan) and still make a profit. Its next-gen DM-i system will enable an even more range at a lower cost. For example, BYD is building a plant in Hungary that will “be Europe, for Europe.” The 30% offers room for Chinese brands to grow.
Tony Karrer Delicious EVdriven
APRIL 16, 2009
In October a BYD sedan called the F3 became the bestselling sedan in China, topping well-known brands like the Volkswagen Jetta and Toyota ( TM ) Corolla. BYD has also begun selling a plug-in electric car with a backup gasoline engine, a move putting it ahead of GM, Nissan, and Toyota. executive who has studied BYD.
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