Baua Electric

JUNE 12, 2024

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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Baua Electric

AUGUST 16, 2024

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.

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EV Central

SEPTEMBER 11, 2024

Chinese car giant Geely Auto has announced it will use its 2025 EX5 electric SUV to spearhead an Australian launch, challenging dominant mid-sized SUVs like the Tesla Model Y. That will change following the announcement it would soon sell the Geely EX5 in Norway, Australia, Thailand, Indonesia and other markets.

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Baua Electric

JULY 16, 2024

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. BYD continues gaining ground in Japan with a wide range of affordable electric cars. BYD is best known for its affordable EVs. And that’s after launching its first EV in the region just last year.

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Baua Electric

JANUARY 11, 2024

1 is the first Chinese-made ship designed to carry domestic EVs overseas. First BYD ship sets sights on Europe to deliver EVs Marking a “new era” for Chinese vehicles, BYD’s first ship designed to carry EVs arrived at Yantai Port on January 9. 1 is the first vessel built by a Chinese shipyard designed for exporting domestic vehicles.

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Baua Electric

SEPTEMBER 17, 2024

Its affordable electric and hybrid models are squeezing gas-powered vehicles out of China’s auto market, especially from foreign automakers. According to AutoForecast Solutions CEO Joe McCabe (via Nikkei ), BYD would still have the cheapest EV in the US, even with the new 100% tariff on Chinese electric vehicle imports.

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Baua Electric

JULY 3, 2023

Owned through auto vast Stellantis, Peugeot has perceivable EV gross sales stay forged regardless of festival from Chinese language producers, Jackson stated in an interview. But because the shift to EVs continues, Ecu automakers are below rising drive to form upper feature cars extra affordably.

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Baua Electric

NOVEMBER 1, 2024

Many Chinese automakers report NEV sales, which include plug-in hybrid (PHEV) and all-electric (EV) models. Although best known for its ultra-affordable EVs (like the $10,000 Seagull ), BYD is quickly expanding into new segments like pickup trucks, luxury models, and smart electric SUVs. BYD also adds commercial vehicles.

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Baua Electric

JULY 15, 2024

The Chinese EV maker has already said it’s not planning to launch passenger cars in the States, so what’s BYD’s new Shark pickup truck doing in the US? However, it will launch the pickup in global markets like Thailand (where it opened a new plant this month) and Latin America.

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Baua Electric

MAY 7, 2024

Chinese car makers can undercut rivals in Europe because their production costs are heavily subsidised. The main export markets for these vehicles were Europe and countries in the Asia Pacific region, such as Thailand and Australia. China exported over 1.2 million EVs in 2023 In China, the number of new electric car sales reached 8.1

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Baua Electric

SEPTEMBER 19, 2024

Ember’s data on Chinese solar export reveals significant growth is also emerging in new markets such as Pakistan and Saudi Arabia, as well as the Philippines, the UAE, Thailand, and Oman.

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Baua Electric

NOVEMBER 20, 2024

After dominating its home market, BYD and other Chinese EV makers are looking overseas to drive growth. The EV giant opened its first manufacturing plant in Thailand earlier this year, and more are planned for Hungary, Brazil, Mexico, Pakistan, and Turkey. While Ford’s Model e EV unit is on track to lose between $5 billion and $5.5

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Baua Electric

FEBRUARY 26, 2024

It’s already leading EV imports in key markets like Japan and Thailand. Ford’s CEO Jim Farley said the American automaker is working on affordable EVs to compete with Chinese automakers like BYD. Farley said if you cannot compete with the Chinese, “then 20% to 30% of your revenue is at risk.”

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Baua Electric

AUGUST 28, 2024

Despite slashing prices and launching more affordable EVs, BYD’s bottom line nearly doubled from the first three months of 2023 (+98%). BYD store in Thailand (Source: BYD) BYD opened its first plant in Thailand, a key auto hub and growing EV market, last month. The EV leader posted revenue of RMB 176 billion ($24.7 billion ($1.46

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Baua Electric

SEPTEMBER 26, 2024

Chinese automakers like BYD are quickly gaining market share in other global markets, such as Thailand, Singapore, Turkey, Brazil, and Mexico. With affordable, efficient EVs rolling out in new markets, BYD topped Nissan and Honda in global EV sales for the first time in the second quarter. Ford’s wholesales reached 1.14

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Baua Electric

SEPTEMBER 25, 2024

Chinese automaker Build Your Dreams (BYD) continues to gain momentum as a globally recognized brand, having built three million NEVs in the past three months, bringing its cumulative total to nine million. Back in its native China, BYD continues to deliver some of the best-selling models, including the ultra-affordable Seagull BEV.

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