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BYD inks preliminary land purchase in Hungary for plant that will build EVs for Europe

Baua Electric

Two months after announcing it had selected Hungary as the desired location of its first passenger EV production facility in Europe, Build Your Dreams (BYD) has completed a preliminary sales agreement for the Hungarian land those facilities should eventually sit atop. FTC: We use income earning auto affiliate links.

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Comment on BYD signs preliminary land purchase deal for its NEV plant in Hungary by Hctr Lnds

CN EV Post

One factory in Brazil for the South American market, one factory in Thailand for the SEA market, one factory in Uzbekistan for the Central Asia/Russian market, and one factory in Hungary for the European market. That's smart. Are we expecting an announcement for factories in the Middle East and Africa in 2024?

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Alstom and MOL to explore use of hydrogen technologies for rail transport in Hungary

Green Car Congress

As part of its National Hydrogen Strategy, Hungary has been investigating the feasibility of introducing hydrogen technology to rail transportation. Alstom is a pioneer of hydrogen technology, having introduced the Coradia iLint to the German market in September 2018 ( earlier post ).

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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’s general manager of its Asia-Pacific Sales Division said people were lining up to purchase the car after hitting its 10K sales goal in just 42 days.

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Tesla Model 3 revealed as having the highest EV sales volume worldwide

EV Info

Tesla’s Model 3 achieves the highest sales volume worldwide being the top model purchased in 19 countries worldwide . The USA is the leader in the EV industry, as California-based, Tesla, dominates the market worldwide . of Countries Dominating the EV Market .

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Here’s how China’s BYD is working on its image problem

Baua Electric

The strategy is to help get German EV shoppers closer to the brand, raise brand awareness, and build sales of its affordable EVs in Europe’s largest automobile market. But that is changing, he says, as the brand is investing heavily in marketing. It is also building plants in Brazil and Thailand.

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Mercedes-Benz prepares car production network for new electric portfolio

Green Car Congress

Mercedes-Benz is aligning its global production network to manufacture its reshaped product portfolio focused on luxury electric vehicles as the brand prepares to go all electric by the end of the decade—wherever market conditions allow. It makes it possible to adjust production at short notice according to market demand.

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