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Kia to launch affordable EV4 electric sedan next year with an ambitious production goal

Baua Electric

Kia will launch EV4 production in early 2025, aiming to build 70,000 models a year to meet the demand for affordable EVs. A new affordable EV is coming next year Kia unveiled the EV4 last October as part of its new lineup of mass-market electric vehicles. According to Kia, the EV4 “redefines the electric sedan.”

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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

BYD launched its Seagull, a small hatchback EV with a price tag starting at 69,800 yuan (~$9,773), at the Shanghai Auto Show last year. auto market anytime soon , some U.S. automotive groups have expressed concerns over the Seagull EV and other affordable mass-market EVs eventually coming to North America. BYD last year sold 1.57

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Cheaper EVs are starting to show up in smaller global markets – Charged EVs

Baua Electric

Media coverage of EVs tends to focus on the world’s largest auto markets: North America, Europe and Asia. The company has launched the Dolphin Mini in Uruguay, Brazil and Mexico. kWh battery pack, and starts at around $22,500 in Mexico. In these three markets, both versions start under $25,000. The JAC E10X sports a 31.4

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‘Our new plant in Mexico is an offensive move’:Vivek Vikram Singh | Autocar Professional

Baua Electric

Gurugram-based Sona Comstar, a leading exporter of EV driveline components as well as starter motors for ICE vehicles to Europe and North America, has recently set up a new driveline facility for battery electric vehicles in the Fipasi Industrial Park in Silao, Mexico. We like playing to our strengths. Will it be over a 5-6-year horizon?

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BYD opens shop in the Caribbean with 10 new markets planned by the end of 2024

Baua Electric

BYD opened its first store in the Caribbean as its global expansion heats up. In Mexico, it starts at $19,780 (358,800 pesos). BYD Dolphin Mini (Seagull) testing in Brazil (Source: BYD) BYD’s Seagull (Dolphin Mini) is expected to launch in Europe next year as one of the most affordable EVs on the market. Powered by a 29.58

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BYD expects at least $4 billion in net income from surging EV sales

Baua Electric

In the last three months of the year, the Chinese automaker overtook Tesla as the largest global EV maker as it expanded the brand. It also recently launched new models in Europe, Mexico, Australia, India, and others. Source: Bloomberg / BYD FTC: We use income earning auto affiliate links.

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BYD nearly tops all-time sales record in May as EV price cuts boost demand

Baua Electric

The automaker claims its thermal efficiency (+46%) is the highest globally. Although BYD is best known for its affordable EVs, it is quickly expanding into new popular segments like mid-size SUVs, luxury, and pickups. BYD unveiled the Shark PHEV pickup in Mexico, which will rival Toyota’s Hilux and the Ford Ranger globally.

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