Remove Affordable Remove Global Remove Pakistan
article thumbnail

Global solar growth is on track for another record-breaking year

Baua Electric

Photo: CGTN Global solar installations are set to beat most industry forecasts, with 593 gigawatts (GW) expected to be added by the end of 2024, according to a new report by energy think tank Ember. China continues to dominate in global solar capacity installations. Get started here.

Solar 52
article thumbnail

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

Baua Electric

China’s leading automaker, BYD , is reportedly planning to build yet another EV factory overseas as it looks to take on new global markets. The facility will kick off BYD’s entry into Pakistan, the fifth-most populated country in the world. According to the latest, BYD is now plotting its newest EV plant in Pakistan.

article thumbnail

BYD is now the world’s largest automaker by R&D workforce after major hiring spree

Baua Electric

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. According to data from Yiche (via CarNewsChina ), BYD was the third top-selling car brand globally in July.

BYD 52
article thumbnail

BYD surges past Honda and Nissan’s sales for the first time, targets Ford with low-cost EVs

Baua Electric

With low-cost EVs hitting key global markets, BYD is quickly catching up to Ford. Affordable EVs driving demand According to MarkLines (via Nikkei ), BYD’s new vehicle sales climbed 40% between April and June to 980,000. A big part of BYD’s surging sales numbers is its incredibly affordable electric cars. Can it overtake Ford?

article thumbnail

BYD overcomes China’s intense EV price war as record car sales lead to Q2 profit surge

Baua Electric

Despite slashing prices and launching more affordable EVs, BYD’s bottom line nearly doubled from the first three months of 2023 (+98%). It’s also planning to open facilities in Mexico, Hungary, Brazil, Turkey, and Pakistan. With record NEV sales in Q2, BYD surged past Nissan and Honda to become the seventh-largest automaker globally.

BYD 52
article thumbnail

IEA working paper highlights potential role of natural gas in reducing global road transport CO2

Green Car Congress

The global natural gas vehicle fleet has grown rapidly in the last 10 years, but still represents less than 1% of global transport fuel consumption. The global fleet of NGVs consists largely of passenger cars/LDVs, although there are some regional differences. Click to enlarge. gas sources, such as biogas or bio-synthetic gas.

Gas 207
article thumbnail

Lancet Series: Improving road safety measures could save half a million lives every year worldwide

Green Car Congress

Despite global efforts to prioritize road safety over the past decade, and a growing body of evidence to support proven interventions, many national governments have not made road safety a priority and adequate funding for implementation in LMICs has not been forthcoming, leaving a gap between evidence and action.

Lesotho 150