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BYD breaks into Toyota-dominated Japan as EV sales climb

Baua Electric

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. According to the Japan Automobile Importers Association (JAIA), Japan’s imports fell 7% YOY (113,887) in the first half of 2024. BYD is best known for its affordable EVs. million, or around $33,100.

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Panasonic Strengthens The Bond Between Tesla With New 4680 Batteries

Get Electric Vehicle

Kazuo Tadanobu stated Panasonic had no intentions to produce cheaper Lithium Iron Phosphate (LFP) batteries for more affordable EVs during a media roundtable where he exhibited a battery that is roughly five times the size of those now employed by Tesla. Nickel-cobalt-aluminum batteries are used in Panasonic’s automobile batteries.

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Lamborghini Breaks Historic Sales Record

The Truth About Cars

Lamborghini has broken its own sales record by delivering over 10,000 automobiles in 2023. But with global wealth being transferred upward in recent years, Lamborghini was afforded an opportunity to draw in additional customers with its entry level products.

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The EV Transition Explained: Local Policies Shape Global Competition

Cars That Think

million dollars in new car sales in 2021, according to data from the National Automobile Dealer Association. China, the European Union, Japan as well as the UK and South Korea all have announced the same intention. the Chinese government also expects to become the undisputed global leader in EVs. Like the U.S.,

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Report: BYD Plotting New EV Factory in Mexico

The Truth About Cars

Despite frequently marketing itself as a purveyor of all-electric luxury vehicles, BYD actually has a slew of affordable EVs targeting the mass market. It likewise produces plug-in hybrids, with the extremely affordable Qin Plus sedan being its most-popular product. South Korea's Kia has said it will manufacture EVs in Mexico.

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GM Says Chevrolet Volt Won't 'Pay the Rent' | Autopia from Wired.com

Tony Karrer Delicious EVdriven

They leased a few (at a loss) to those that could afford it. South Korea did that and Australia is going to be doing that. Hybrids are a proven winner, but a series-hybrid (range extended EV), such as the Volt takes things to a much higher level with existing and "mostly" affordable tech.

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Senate Bill Seeks to Tariff Chinese Vehicles Out of Existence

The Truth About Cars

This week, Senator Josh Hawley (R-MO) is introducing legislation to increase tariffs on imported Chinese vehicles this week with the stated goal of dealing with the “existential threat posed by China.” percent to 100 percent, including vehicles owned by Chinese-based automakers that are assembled in places like Mexico.

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