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Kia mulls EV plant in Thailand to take on Toyota and BYD with affordable electric cars

Baua Electric

Can Kia challenge Toyota, which has dominated the market in Thailand, with affordable EVs? Affordable electric cars are coming Kia has already revamped the brand as the industry transitions to electric with a new logo and design. Meanwhile, Kia has bigger (or, smaller and more affordable) plans. billion in EV investments.

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Tesla is no longer just a luxury brand, says major auto outlet

Teslarati

Tesla price cuts push EV market toward affordability with broader influence In 2022, Tesla’s prices were higher and were competing with companies such as Mercedes-Benz, Aston Martin and Lexus. The post Tesla is no longer just a luxury brand, says major auto outlet appeared first on TESLARATI. average car price.

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BYD breaks into Toyota-dominated Japan as EV sales climb

Baua Electric

Can BYD compete with Toyota on its home turf? A year and a half later, the Chinese automaker is already making a big statement as it cuts into Japan’s hard-to-crack auto market. A year and a half later, the Chinese automaker is already making a big statement as it cuts into Japan’s hard-to-crack auto market.

Japan 52
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Honda may build an EV factory in Canada featuring in-house battery cells

Teslarati

Japanese automaker Honda is considering locations to build an electric vehicle (EV) factory in Canada featuring the use of in-house battery cells. The automaker is looking at multiple potential locations in the North American country, including a site in Ontario that’s near a currently existing auto plant.

Canada 110
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Toyota sales slide as aggressive price cuts by BYD, Chinese EV makers take effect

Baua Electric

Toyota’s global sales fell over 5% last month, partly driven by the impact of BYD’s price cuts in key markets like China, Southeast Asia, and even Japan. Toyota, including Lexus, sold 853,082 vehicles last month, down 5.1% After recalling the Prius earlier this year, Toyota sold slightly fewer (-1.6%) vehicles in North America.

BYD 52
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Tesla Model Y continues to lead auto sales in Norway

Push EVs

share of the auto market in March, down from 91.9% Overall auto volume was 19,366 units, up some 19% YoY, and the highest March sales since at least 2016 (though compensating from a hangover earlier in Q1). The Model Y alone took over 38% of Norway’s new passenger auto registrations in March. year on year. comprised 86.8%

Norway 131
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Ford plans affordable small electric pickup and SUV, starting around $25,000

Baua Electric

Amid a flood of new competition, Ford is shifting plans to build more affordable electric vehicles. The American automaker’s leader admitted larger EVs, like the F-150 Lightning , are expensive to build. FTC: We use income earning auto affiliate links. Meanwhile, smaller electric cars are different.