Baua Electric
JANUARY 19, 2024
Chinese EV behemoth BYD may bring two off-road electric SUVs sold in China to Europe that could rival the Land Rover Defender, the Mercedes G-Class, and Ford Bronco. BYD may consider exporting two SUVs – the Yangwang U8 and the Fang Cheng Bao 5 – to Europe, company executives told Automobilwoche. Last year, the company sold 1.6
Baua Electric
JANUARY 2, 2024
The Atto-3 SUV / Source: BYD Europe It was a huge year for profits at Chinese auto behemoth BYD. Adding up sales for all so-called new energy vehicles, including battery-only vehicles and hybrids, BYD sold 3 million vehicles in 2023. Tallying up its year-end sales, it’s a massive 62% growth from 2022. million vehicles.
Green Car Congress
AUGUST 1, 2018
But it was the positive economic situation across the continent that boosted results, JATO said, as midsize markets such as the Netherlands, Poland and Sweden all posted increases, and smaller markets like Hungary, Greece, Romania, Croatia and Lithuania similarly posted significant increases. There were 2.92 million registrations.
Green Car Congress
MARCH 26, 2018
SUVs were a key driver of growth in February, with the volume of vehicles registered up by 24.7% compared to the same month last year, meaning SUVs accounted for 33% of the total market in February. Demand for SUVs continued to rise, with the segment’s volume up by 24.7% in February 2018, with a total of 67,900 SUVs registered.
Baua Electric
MARCH 12, 2024
However, the company is “just getting started” in the region, says Europe CEO Michael Shu, and expects to ramp up sales quickly. Although Shu said increasing sales will take time, it expects to gain EV market share in Europe this year. BYD aims for a 5% share of EV sales in Europe, even before production begins in Hungary.
Baua Electric
JANUARY 17, 2024
VW reports BEV sales of 70,628 units last year, a 12% increase, compared to Tesla’s 63,685, a 9% drop. Electrek reported last week that BYD is dropping prices of its EVs in Germany by as much as 15%, with its Atto 3 compact SUV seeing the biggest cuts. While VW beat Tesla in Germany, it trailed by a long shot in EV sales in France.
Green Car Congress
MARCH 27, 2020
In terms of market share, electrified vehicles represented 75% of all passenger cars registrations in Norway; 33% in Sweden; 31% in Finland; 22% in Netherlands; and 17% in Hungary. As EVs have increasingly become a viable alternative to gasoline and diesel cars, SUVs are now struggling in the competitive environment. from last year.
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