article thumbnail

BYD and UzAuto to form NEV production JV in Uzbekistan

Green Car Congress

Founded in 1995, BYD is a leading NEV (plug-in hybrids and battery-electric vehicles] manufacturer. In addition to the 95% share in the domestic market, in 2020, UzAuto achieved the number one sales volume for two consecutive years with overseas production in Kazakhstan.

article thumbnail

Volkswagen Group’s Škoda to unveil 500 km Vision E electric concept at Shanghai show; leveraging MEB for electromobility

Green Car Congress

The electrification of ŠKODA’s model range will begin as early as 2019 with the launch of the ŠKODA SUPERB with plug-in hybrid drive. Škoda operates at three locations in the Czech Republic, produces in China, Russia, Slovakia and India mainly through Group partnerships, as well as in Ukraine and Kazakhstan through local partners.

article thumbnail

Crypto’s Slow Motion Gold Rush

Cars That Think

We've seen newer miners that haven't done this before thinking you can buy 10,000 machines and just find a spot to plug them in," he says. "It If you're not plugged in, you're not making money," says Perrill. When Chinese authorities cracked down on cryptocurrency mining in May, earnings soared for miners in other countries.

Chinese 99
article thumbnail

Skoda’s global sales rise 18.5% in 2023 to 866,800 cars | Autocar Professional

Baua Electric

Moreover, by entering the Vietnamese and Kazakhstan markets in H2 2023, Škoda Auto is advancing its international growth strategy. Additionally, the automaker is re-establishing its presence in Kazakhstan through a strategic partnership supporting the local assembly of the Kodiaq, Kamiq, Karoq and Octavia. and 43% volume growth.

Global 52
article thumbnail

Toyota Motor Europe hybrid sales up 38% in first quarter; 30% hybrid mix

Green Car Congress

Sales in the rest of TME’s Europe region (including Russia, Kazakhstan, Ukraine, Caucasus, Turkey and Israel) were stable at -0.8% Sales in the rest of TME’s Europe region (including Russia, Kazakhstan, Ukraine, Caucasus, Turkey and Israel) were stable at -0.8% Total market share for the group stood at 4.8%. year-on-year.

Europe 150