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BYD’s strategy to take over Europe [Feature]

Teslarati

BYD and other Chinese automakers have studied the European auto market for years. BYD’s strategy to take over Europe was recently revealed in a report by Reuters. Below are the strategies BYD and Chinese automakers are implementing to deploy their vehicles in Europe. “In China, the purchase price is important.

Europe 118
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NIO confident its affordable Firefly EVs will still be competitive despite EU tariffs

Baua Electric

With additional tariffs expected on imported Chinese EVs, NIO says its affordable Firefly brand will still be competitive in the EU. At the time, NIO’s president said the affordable EVs would launch in the EU in the third quarter of 2024. NIO announced plans to enter the mass-market EV market in 2021.

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Affordable EV incoming! Jeep locks in affordable electric SUV that will shock you with its price

EV Central

Stellantis boss Carlos Tavares has pledged that Jeep’s affordable all-electric SUV will be priced from less than US$25,000 ($A37,500) in the USA – almost US$19,000 less than the cheapest Tesla Model Y. “If you ask me what is an affordable BEV, I would say 20,000 euros in Europe and $25,000 in the US,” Tavares said.

Jeep 78
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China Needs More Ships to Handle Its Rapidly Growing EV Exports

The Truth About Cars

China had long been a sort of a sleeping giant in the world economy, though it hasn’t been so sleepy over the last few decades. The country’s tech, automotive, and manufacturing industries have become juggernauts in their respective sectors, and the Chinese auto industry has solidified itself as a global force.

China 105
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Hyundai to begin production of Casper mini EV for Europe in July: report

Teslarati

Hyundai is reportedly looking to launch an affordable electric version of its Casper mini SUV in Europe later this year, which is expected to rival other small electric vehicles (EVs) in the market. Hyundai is currently building a new EV factory in South Korea , which broke ground in November and is expected to cost around $1.5

Hyundai 114
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Volkswagen shares plans for new EVs under €25K

Teslarati

The new VW EVs will adopt the “from Europe for Europe” motto. The four new EVs will lead to Volkswagen’s cheapest electric vehicle, which will cost around €20,000, making it the most affordable BEV under the brand. Volkswagen’s 2027 BEV will most likely compete with the BYD Seagull from China.

BYD 108
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Chinese-made cars account for one in five BEV sales in February in Europe | Autocar Professional

Baua Electric

February 2024 was a positive month for the new car market in Europe. Chinese-made cars drive growth In Europe, sale of cars made in China saw the highest levels of year-on-year growth in February 2024 (+45%) and in January-February 2024 (+43%). of the total coming from China, compared to 66% for BEVs.

Chinese 52