Affordable Hungary Market SUV 
Baua Electric
MARCH 12, 2024
China’s BYD will challenge automakers in Europe with plans to triple its share in the EV market by 2025. After dominating its home market, BYD is expanding its brand overseas. BYD plans to expand EV market share in Europe BYD began selling vehicles in Europe in 2021, starting in Norway. share of Europe’s EV market.
Baua Electric
AUGUST 19, 2024
Hyundai Motor Group, including Kia and Genesis, is taking the US EV market by storm this year. After reaching double-digit market share, Hyundai continued closing the gap with Tesla as the second-largest EV brand in the US through July. Kia’s new EV9, its first three-row electric SUV, is a major part of its growth.
Teslarati
APRIL 11, 2024
The new Model Y variant currently stands as the second most-affordable and longest range variant of the all-electric crossover. The Model Y Long Range RWD starts at 48,990 euros ($52,500), making it the second most affordable variant of the vehicle in the countries where it is offered.
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) in Q4 2023.
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.
Baua Electric
MARCH 29, 2024
Leading EV maker BYD is quickly expanding overseas after dominating its home market. The fully electric BYD Atto 3 SUV was the top-selling electric model, with over 19,200 units delivered. Toyota’s sales are down over 24% in Thailand through February as EV makers like BYD continue stealing market share.
Baua Electric
MARCH 21, 2024
Audi plots a new lower-cost EV, an electric A3 or Q3 After unveiling the new Q6 e-tron this week, its next-gen premium mid-size electric SUV, Audi, is planning a smaller, lower-cost EV. Audi Q6 e-tron quattro (Source: Audi AG) The race for more affordable EVs The new lower-cost Audi EV is “not a four-metre car,” according to Döllner. “We
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