Electrek

APRIL 3, 2024

BYD’s most affordable Seagull EV, starting under $10,000 (69,800 yuan), could arrive as the UK’s cheapest electric car. Although BYD has yet to confirm plans, UK leaders see a market for the low-cost “Lamborghini Mini” EV.

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Electrek

OCTOBER 14, 2024

Hyundai Motor is developing ultra-high-capacity LFP batteries to power upcoming low-cost Hyundai and Kia electric vehicles. Aiming for an energy density of around 300 Wh/kg, Hyundai’s LFP batteries would top China’s CATL and BYD. To be the best, you must beat the best.

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Baua Electric

JULY 30, 2024

Ford is officially shifting gears to focus on smaller, more affordable electric cars. CEO Jim Farley emphasized Ford’s (not-so-secret) low-cost EV platform is progressing in Long Beach as former Tesla, Rivian, Lucid, and Apple execs aim to develop some of the world’s most efficient electric cars.

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Teslarati

MARCH 24, 2024

Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. market, the company’s recent release of a city EV with a price tag under $10,000 has some worried for when it and other low-cost companies do. While BYD said just last month that it has no plans to enter the U.S.

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Teslarati

JULY 30, 2024

Ford aims to release its more compact, affordable electric vehicles ( EV ) by 2026. The legacy automaker’s upcoming affordable EVs will be the spiritual successors of the Ford Fiesta, Focus, and Puma. He and his team are working on a new EV architecture for the upcoming affordable EVs. said Gjaja.

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Baua Electric

AUGUST 15, 2024

Ford is doubling down on plans to launch low-cost EVs after showing dealers several new renderings. The latest images revealed electric sedans, crossover SUVs, and pickups that could hit the market to challenge Tesla and Chinese EV leaders like BYD. Ford looks to match Chinese OEMs and Tesla with low-cost EVs.

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Baua Electric

SEPTEMBER 17, 2024

A new low-cost electric car is rolling out to global markets, and it’s not from China. Vietnam’s VinFast officially launched its most affordable EV, the VF 3 , overseas as it expands its presence in the Philippines. China’s BYD currently dominates the market, with a 66% share of EV sales YTD in 2024. With an 18.64

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My Electric Car

FEBRUARY 24, 2024

A direct challenge to ICE vehicles and the Tesla Model 2 BYD’s unveiling of the Qin Plus EV Honor Edition marks a significant milestone in the electric vehicle (EV) industry, especially in the affordable vehicle segment. Driving Range : Offers up to 261 mi (420 km) with the 48 kWh battery and up to 316 mi (510 km) with the 57.6

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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. Meanwhile, Kia has bigger (or, smaller and more affordable) plans.

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Baua Electric

OCTOBER 14, 2024

Hyundai Motor is developing ultra-high-capacity LFP batteries to power upcoming low-cost Hyundai and Kia electric vehicles. Aiming for an energy density of around 300 Wh/kg, Hyundai’s LFP batteries would top China’s CATL and BYD. Hyundai is already proving to be a leader in the shift to electric vehicles.

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Baua Electric

MAY 17, 2024

Volkswagen has ended talks with Renault to launch an affordable EV, according to sources. However, a low-cost Volkswagen electric car is still in the plans. Despite Renault confirming it was in “good discussions” with Volkswagen to build an affordable EV in February, it looks like the automakers may go their separate ways.

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Baua Electric

MARCH 18, 2024

Amid a flood of new competition, Ford is shifting plans to build more affordable electric vehicles. Ford is developing a new low-cost EV platform to power a small electric pickup and SUV, with starting prices around $25,000. It will rival the low-cost EV Tesla is working on.

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CleanTechnica EVs

SEPTEMBER 20, 2022

After successfully launching the BYD brand in Australia, EVDIRECT.COM is now moving to provide affordable EVs in the Fiji market, in line with a huge calling for high quality, low-cost electric vehicles in the region.

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Baua Electric

NOVEMBER 4, 2024

BYD went on a hiring spree over the past few months as sales and profits reached new levels. million new energy vehicles (EVs and PHEVs) in the third quarter, BYD’s net income surged to $1.6 As vehicle sales continue gaining momentum in China and overseas, BYD went on a major hiring spree to help fuel the expansion. billion).

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Baua Electric

NOVEMBER 11, 2024

Toyota wants to make “even better cars” while ramping output to keep pace with domestic leaders like BYD. Nonetheless, Toyota wants to revamp its business in China after losing significant market share to domestic leaders like BYD. For example, BYD’s cheapest EV , the Seagull, starts at under $10,000 (69,800 yuan) in China.

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Baua Electric

OCTOBER 31, 2024

BYD’s new luxury electric sedan, the Denza Z9, will hit the market next month. Ahead of its November 15 debut, BYD released the first look at the interior of its new luxury EV. BYD Denza Z9 GT (Source: Denza) BYD’s new luxury EV will be offered in all-electric and PHEV variants. However, BYD’s figures do include PHEVs.

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Baua Electric

SEPTEMBER 13, 2024

China’s BYD now has the world’s largest R&D workforce of any automaker after its latest hiring spree. With over 900,000 employees, BYD aims to continue climbing the global sales charts as it advances new tech to promote longer-range, more affordable EVs. After a recent hiring spree, BYD plans to keep the momentum rolling.

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Baua Electric

JULY 16, 2024

Can BYD compete with Toyota on its home turf? According to the latest sales data, BYD accounted for nearly 3% of Japan’s EV market in the first half of 2024. BYD launched its first EV, the Atto 3, in Japan in January 2023. BYD led the charge in Japan as EV sales continued climbing. million, or around $33,100.

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Baua Electric

APRIL 5, 2024

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. Kia announced that it is shifting its electric vehicle plans to include more hybrids and affordable EVs. It plans to boost demand by launching a series of new affordable EVs.

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Baua Electric

APRIL 5, 2024

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. Kia announced that it is shifting its electric vehicle plans to include more hybrids and affordable EVs. It plans to boost demand by launching a series of new affordable EVs.

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Baua Electric

AUGUST 26, 2024

The move comes just as China’s largest EV maker, BYD , prepares to enter Canada. The sanctions mirror similar moves from the US and Europe to “protect domestic manufacturing” from the threat of low-cost EVs from China. Tesla and BYD were among the companies with rate drops. BYD’s rate was cut from 17.4% to just 9%.

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Baua Electric

MARCH 19, 2024

US chip-making giant NVIDIA is expanding ties with several Chinese automakers, including BYD , as the race for the best software and features heats up. BYD will use NVIDIA’s Drive Thor to power its next-gen EV fleet. Building upon its existing collaborations, BYD is going from the car to the cloud.

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Baua Electric

MARCH 29, 2024

Leading EV maker BYD is quickly expanding overseas after dominating its home market. BYD is now set to begin production at its new EV plant in Thailand in the third quarter as it looks to accelerate overseas sales. BYD was Thailand’s best-selling EV maker last year.

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Baua Electric

APRIL 1, 2024

A recent Cloud Theory report reveals that the price cuts are working as buyers look for more affordable EVs. 2023 Ford Mustang Mach-E (Source: Ford) The bad news Although the lower prices are working to move inventory, can Ford afford to keep prices lower? New data shows sales are up while inventory is finally dwindling.

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Baua Electric

APRIL 9, 2024

After selling nearly 35,000 Seagull models in March, cumulative sales of BYD’s cheapest electric car topped 360,000. BYD sells over 360,000 units of its cheapest electric car BYD launched the Seagull on April 26, 2023. BYD is launching the Seagull as the “Dolphin Mini” in overseas markets. kWh or 38.88 kWh or 38.88

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Baua Electric

JUNE 18, 2024

BYD is charging up the competition with Hyundai on its home turf. BYD’s Seal is a sporty EV sedan that is 4,800 mm long, 1,875mm wide, and 1,460 mm tall. The BYD Seal is poised to rival Hyundai’s IONIQ 6 and Tesla’s Model 3 with an affordable starting price. However, the use of LFP batteries could prevent this.

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Baua Electric

JUNE 12, 2024

As the race heats up to introduce more affordable electric cars, Ford is bringing on some of the best EV engineers to help it compete. Over the past few months, Ford has hired talent from Tesla, Rivian, Apple, and Lucid to help accelerate the development of affordable EVs. And that’s not including Chinese automakers like BYD.

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Baua Electric

MARCH 13, 2024

Nissan and Honda are considering teaming up to introduce more affordable EVs to compete with Chinese automakers like BYD. The aim is to reduce EV prices as the automakers look to Chinese automakers with low-cost models like BYD. The partnership could include a new EV platform.

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Baua Electric

JUNE 12, 2024

How will the new EU tariffs impact Chinese EV makers like BYD and NIO? And their price is kept artificially low by huge state subsidies,” the EU Commission leader added. The comments came as Chinese EV makers, like BYD, launched new models aimed at the region. The additional tariffs would include: BYD: 17.4%

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Baua Electric

JUNE 3, 2024

China’s leading EV maker, BYD , nearly reached a new sales record in May after aggressive price cuts took effect. BYD posted its second-highest sales last month as new energy vehicle (NEV) sales continued picking up. With 331,817 NEVs (EVs and PHEVs) sold last month, BYD is closing in on its all-time sales record.

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Baua Electric

JUNE 4, 2024

China’s leading EV maker, BYD , is quickly gaining ground in overseas markets. BYD opened its first store in the Caribbean as its global expansion heats up. After setting a new weekly sales record in early May, BYD nearly topped its all-time sales record last month. Of them, nearly 146,400 were fully electric.

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Baua Electric

MARCH 28, 2024

Global EV leader BYD believes new energy vehicles, including EVs and PHEVs, have entered the “knockout round” with gas-powered cars. BYD plans to more than double its overseas sales this year, as it aims for one million in 2025. We reported earlier this month that BYD looks to crush gas-powered car sales with its newest platform.

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Baua Electric

APRIL 5, 2024

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. With low-cost electric cars, Hyundai Motor , along with Kia, surged past American automakers Ford and GM in the US EV market in the first three months of 2024. And that’s including gas-powered cars. 361 $43,656 SEL RWD 77.4

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Baua Electric

APRIL 26, 2024

China’s BYD is unleashing a series of new electric vehicles as it expands the brand globally. BYD unveiled two new EVs at the Beijing Auto Show: a sleek Ocean-M electric hatch and the Denza Z9 GT EV. After declaring a “liberation battle” against gas-powered vehicles earlier this year, BYD has been on an EV release spree.

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Baua Electric

JANUARY 12, 2024

BYD is significantly lowering EV prices in Germany to extend its global lead. BYD cuts EV prices in Germany in overseas expansion After overtaking Tesla in EV sales in the last three months of 2023, BYD aims to extend its lead in key markets. Most recently, BYD cut prices in Germany, Volkswagen, BMW, and Porsche’s home turf.

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CleanTechnica EVs

JUNE 26, 2023

The promise of low-cost EVs has been one long awaited. It was here on CleanTechnica that I first read about it, in 2018 or so, when the Osbourne effect started to be mentioned and estimates for price parity were presented, the most pessimistic of which claimed 2027 would be the date BEVs would cost the

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Baua Electric

OCTOBER 28, 2024

Mounting pressure from low-cost EVs Like its German rivals, Volkswagen is facing mounting pressure from low-cost Chinese automakers like BYD. After dominating its home market, BYD is looking to sustain growth overseas in key markets like Europe, Southeast Asia, and Latin America.

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