The Truth About Cars

JANUARY 23, 2024

Diverse Market DynamicsChina's Dominance In China, EV sales are anticipated to hit nearly 10 million units, constituting almost 60 percent of the global market. Growth in Emerging Economies Countries like India, Thailand, and Indonesia are experiencing notable growth in EV sales, indicating that EVs are not limited to wealthier nations.

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The Truth About Cars

OCTOBER 24, 2024

Mitsubishi revealed a boxy, three-row concept at the Philippine International Motor Show this week, stating that the car would eventually spawn a production model intended for global sale. Indonesia, Vietnam, Laos, Brunei, Thailand, Myanmar, the Philippines, Cambodia, Singapore and Malaysia may be smaller countries.

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Baua Electric

SEPTEMBER 19, 2024

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.

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Green Cars News

DECEMBER 6, 2009

The Los Angeles Motor Show may be in full swing, but attention is already turning to the Geneva Motor Show in March, 2010, where Nissan will reveal its new V-Platform technology and an all-new global compact car. It also allows the cars to fit a high specification while remaining affordable.

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Baua Electric

NOVEMBER 20, 2024

Ford’s announcement comes as China’s leading EV maker, BYD, is quickly catching up in global deliveries. Electrek’s Take Ford’s restructuring in Europe comes as EV leaders, like China’s BYD, continue gaining ground in the global auto market. While Ford’s Model e EV unit is on track to lose between $5 billion and $5.5 billion (RMB 11.6

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Baua Electric

AUGUST 16, 2024

China’s leading automaker, BYD , is reportedly planning to build yet another EV factory overseas as it looks to take on new global markets. Although BYD briefly surpassed Tesla in late 2023 to become the largest global EV maker, Tesla quickly took back the title in 2024 and has held it ever since.

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Baua Electric

JULY 30, 2024

Toyota’s global sales fell over 5% last month, partly driven by the impact of BYD’s price cuts in key markets like China, Southeast Asia, and even Japan. The Japanese automaker’s global sales are down 0.9% The Japanese automaker’s global sales are down 0.9% Toyota, including Lexus, sold 853,082 vehicles last month, down 5.1%

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EV Central

SEPTEMBER 11, 2024

That will change following the announcement it would soon sell the Geely EX5 in Norway, Australia, Thailand, Indonesia and other markets. Ensuring it appeals globally, the EX5 was apparently styled as part of a collaboration between the car-maker’s Gothenburg (Sweden), Shanghai (China), Coventry (UK) and Milan (Italy) design studios.

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The Truth About Cars

JULY 26, 2023

The 2024 Mitsubishi Triton has made its global debut and everyone is already talking about how the midsize pickup might perform in our truck-heavy market. Assembly of the Triton (also known as the L200) has been focused on Thailand and Brazil for over a decade because those are its most important markets.

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Baua Electric

NOVEMBER 1, 2024

After its fifth consecutive record sales month, will BYD take the global EV lead over Tesla this year? 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.

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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. BYD’s new EV plant in Thailand opened on July 4. of the light vehicle market during the same period, according to the latest S&P Global Mobility figures.

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Baua Electric

JANUARY 11, 2024

After overtaking Tesla in global EV sales in the last three months of 2023, BYD looks to continue its expansion. BYD is already a leader in key auto markets like Thailand , Brazil, and Columbia. Electrek’s Take BYD receiving its first ship is a major milestone as the Chinese automaker continues expanding into new global markets.

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Baua Electric

NOVEMBER 18, 2024

After its fifth straight record sales month, BYD is now closing in on top global automakers like Ford. The company opened its first manufacturing plant in Thailand, a booming EV market. As BYD continues expanding into new markets, China’s EV giant is quickly catching up to global auto leaders.

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Baua Electric

OCTOBER 31, 2024

Electrek’s Take Most people know BYD because of its ultra-affordable EVs, like the Seagull, which starts at under $10,000 (69,800 yuan) in China. The company opened or plans to open new plants in Thailand, Turkey, Brazil, Mexico, and Hungary to expand its global footprint. However, BYD’s figures do include PHEVs.

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Baua Electric

JUNE 12, 2024

Global markets are now flooded with cheaper electric cars,” EU Commission President Ursula von der Leyen said in her annual speech to the European Parliament. He explained it would only damage trade relations and the global supply chain. With low-cost EVs, Chinese EV makers are quickly expanding in key global automakers.

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Baua Electric

JANUARY 26, 2024

Despite this, BYD overtook Tesla as the top global EV maker in the last three months of 2023. It’s already a leader in Thailand, Brazil, and Columbia. Unlike many EV makers, BYD can afford to lower prices as it builds nearly all components in-house. BYD Tang EV (Source: BYD) BYD is giving its Tang a bigger battery.

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Baua Electric

MAY 7, 2024

Battery electric cars accounted for 70% of the electric car stock in 2023, states the IEA annual report of the EV global parc. While sales of electric cars are increasing globally, they remain significantly concentrated in just a few major markets. Electric car sales in 2023 were 3.5

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Baua Electric

NOVEMBER 4, 2024

BYD Seagull (Dolphin Mini) testing in Brazil (Source: BYD) With 1,169,579 all-electric models sold through the first nine months of 2024, BYD is still slightly behind Tesla in the global EV race with 1,293,656 vehicle deliveries. BYD sold another 189,614 EVs last month, bringing its total to 1,359,193.

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Baua Electric

JULY 15, 2024

However, it will launch the pickup in global markets like Thailand (where it opened a new plant this month) and Latin America. Ford’s CEO Jim Farley called BYD’s cheapest electric car, the Seagull, “pretty damn good,” as the automaker shifts gears to focus on smaller, more affordable EVs.

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Baua Electric

MAY 4, 2024

This comes after a fairly long period of dampened economic conditions in some of the key global markets which saw rough macroeconomic conditions, country-specific local currency depreciation, availability of foreign exchange and also regulatory issues. Along with its two production facilities at Oragadam and Vallam Vadagal, near Chennai.

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Baua Electric

AUGUST 23, 2024

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?

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The Truth About Cars

AUGUST 15, 2023

Mitsubishi said it will introduce nine new electrified models globally during the next five years and plow $10 billion into electrified vehicles and battery production through 2030. It’s one of the brand’s biggest markets and it’s also a source of relatively cheap labor — ensuring the Mirage can be a competitively priced global product.

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Baua Electric

SEPTEMBER 26, 2024

However, This time, Ford will focus on EVs as it faces a global comeback. Ford India plant will reopen to export global EVs Ford submitted a Letter of Intent (LOI) to the government of Tamil Nadu earlier this month, outlining plans to restart its Chennai plant for export. Hart explained that the plant will “serve new global markets.”

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Baua Electric

JUNE 10, 2024

It’s the backpacker’s call to India, the sunseeker’s attraction to Mexico, and the digital nomad’s drive to get to Thailand: Go where the dollar buys more. tourists,” said Erina Pindar, the chief operating officer and managing partner at SmartFlyer , a global travel agency based in New York City. Despite the strength of the U.S.

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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 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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Cars That Think

SEPTEMBER 3, 2024

Moreover, in a climate-conscious global market, where TSMC gets its energy is as important as how much it’s consuming. This heady brew of commercial and geopolitical pressures is forcing TSMC executives to sign big contracts for wind and solar power, at times eschewing affordability for expedience.

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Baua Electric

SEPTEMBER 3, 2024

As it launches new models in growing EV markets like Thailand, Brazil, and Europe, BYD sees that number rising quickly. BYD opened its first plant in Thailand in July. The Dolphin Mini begins at around $18,000 (358,800 pesos) in Mexico as one of the most affordable options on the market.

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