Baua Electric
MARCH 6, 2024
Can Kia challenge Toyota, which has dominated the market in Thailand, with affordable EVs? Chinese automakers like BYD are already stealing market share, but Kia is in talks over a new EV plant in Thailand that could help position itself as an early leader. Kia revealed a new EV lineup at its first EV Day in October.
Baua Electric
APRIL 4, 2024
South Korean automaker Kia has started production on its all-electric EV5 SUV for export in China, with the first markets targeted being Thailand and Australia, with Australia’s price expected to undercut Tesla’s Model Y. Kia’s top seller in Australia is the Sportage hybrid SUV with around 15,000 sales.
EV Central
AUGUST 7, 2023
The Tesla Model Y continues to lead the electric car surge in Australia, finishing fourth outright on the sales ladder in July. Add in 604 Model 3 sedan sales and Tesla claimed eighth overall in July with 3934 sales. It also sits eighth for the year with 29,511 sales. Tesla’s tally is obviously the key to the 385.4
Baua Electric
JANUARY 29, 2024
After a record EV sales year, BYD expects to rake in at least $4 billion in net income. BYD is already leading in growing EV markets like Thailand, Brazil, and Columbia. It even outsources its batteries to Tesla, Toyota, Hyundai, Kia, Ford, and several others. BYD forecasts its profits rising at least 75% last year.
Green Car Congress
AUGUST 26, 2013
IHI Corporation and Hyundai WIA Corporation, a major automobile parts manufacturer and a major subsidiary of Hyundai-Kia Motor Group, have entered a joint venture agreement for turbochargers. IHI Group’s Turbocharger business aims at a target of 10 million units per year sales. IHI intends to strengthen its position as the No.1
The Truth About Cars
AUGUST 15, 2023
Despite fuel prices and an economy that seems poised to bolster the sale of value-focused cars, the United States is losing another one. sales of the Mirage four-door hatchback and sedan to make way more crossovers and EVs. The above hasn’t helped sales. sales went from 144,528 in 2015 to just 13,399 in 2022. Annual U.S.
Baua Electric
JANUARY 26, 2024
BYD announced Tang EV pre-sale prices of 72,000 euros ($78,000) in September 2022. It’s already a leader in Thailand, Brazil, and Columbia. BYD, which started as a battery maker, even outsources its batteries to Tesla, Toyota, Ford, Kia, and others. Electrek’s Take BYD aims to gain market share in key overseas markets.
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