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

Electrek

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.

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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? 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. Kia revealed a new EV lineup at its first EV Day in October.

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BYD to kick off EV production at new Thailand plant in Q3 as overseas expansion accelerates

Baua Electric

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 set to begin EV production in Thailand in Q3 After showcasing its full range of brands at the Bangkok Auto Show this week, BYD said it will kick off EV production in the country in Q3.

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

Baua Electric

in Asia (269,317), with 13% and 11% declines in two of its most critical markets, China and Thailand. Toyota’s sales decline in Asia comes as Chinese EV makers, including BYD’s aggressive price cuts , are squeezing foreign automakers out of the market. The Chinese EV maker is now No. Last month, Toyota’s sales fell 7.2%

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Here’s how the new EU tariffs will impact Chinese EV makers like BYD and NIO

Baua Electric

How will the new EU tariffs impact Chinese EV makers like BYD and NIO? The EU launched an investigation into Chinese EV subsidies in October as imports climbed. The comments came as Chinese EV makers, like BYD, launched new models aimed at the region. Why is the EU imposing new duties on China EV imports? Geely: 20% SAIC: 38.1%

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Tesla Model Y and BYD Atto 3 lead the way as Chinese-built electric vehicle sales soar in Australia

EV Central

It is also a big reason the popularity of Chinese-made cars is exploding in Australia, as both the Model 3 and Model Y are made in Shanghai. Chinese cars sit number three behind Japan and Thailand in terms of popularity in Australia. Tesla’s tally is obviously the key to the 385.4

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BYD plots another overseas EV plant: Here’s why that could be a bigger deal than you think

Baua Electric

Despite new tariffs on Chinese EV imports in the US and Europe, BYD is widening its lead in key auto markets like Southeast Asia and South America. BYD is launching new vehicles in surging EV markets like Thailand, Singapore, Brazil, and Mexico. BYD opened its first EV plant in Thailand last month.