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Tesla slashes prices across Europe on Model Y

Baua Electric

BYD only sold 4,140 cars in Germany in 2023, but is looking for 10% market share after its factory in Hungary starts production in a few years. And BYD is looking to make some serious moves in Europe, and now that it will be building EVs in Hungary in the next couple of years. Meanwhile, Tesla shares were down 1.6% Get started here.

Europe 97
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Telsa joins VW and BYD in cutting prices in Germany

Baua Electric

BYD only sold 4,140 cars in Germany in 2023, but is looking for 10% market share after its factory in Hungary starts production in a few years. And BYD is looking to make some serious moves in Europe, and now that it will be building EVs in Hungary in the next couple of years. Get started here.

Germany 52
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China’s Chery to set up shop in Europe

Baua Electric

Still, while Europe certainly doesn’t need ICE vehicles from China, Chinese EV expansion is well on its way, with BYD pushing international growth with its plans to build an EV factory in Hungary, and other automakers are looking to set up production in Europe as well. It’s free, with no sales calls until you choose an installer.

Chery 52
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BMW spends billions to push its next-gen EVs into Tesla territory

Baua Electric

A new factory in Debrecen, Hungary, currently under construction, will also build only electric cars, with the upcoming Neue Klasse models planned to be built there in 2025. They have hundreds of pre-vetted solar installers competing for your business, ensuring you get high quality solutions and save 20-30% compared to going it alone.

BMW 52
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BYD slashes price on its best-selling SUV to $16K to compete with gas cars

Baua Electric

However, Geely and BYD are making the biggest impact outside of China, too, with BYD pushing international growth with its plans to build an EV factory in Hungary and Mexico, and other automakers are looking to set up production in Europe as well. If you’re an electric vehicle owner, charge up your car at home with rooftop solar panels.

BYD 52
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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

News | Markets | Technology | Personal Finance | Small Business | CNN.com RSS Newsletters Video Home Fortune 500 Technology Investing Management Rankings Warren Buffett takes charge Warren Buffett hasnt just seen the car of the future, hes sitting in the drivers seat. "Solar is an endless source of energy," Wang says.

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Buffett's Chinese electric car company

Tony Karrer Delicious EVdriven

As if that were not enough, I’m hearing now that BYD is on the verge of a breakthrough in the solar power business and that the company has big plans to make rechargeable batteries at a utility scale to store energy from intermittent, renewable sources like wind and solar. Innovation appears to be Mr. Wang’s personal passion.

Chinese 28