Baua Electric

NOVEMBER 1, 2024

BYD sales topped the 500,000 mark in October, its first time achieving the feat. After its fifth consecutive record sales month, will BYD take the global EV lead over Tesla this year? October was BYD’s fifth straight record-breaking month for NEV sales. October was BYD’s eighth straight month with higher PHEV sales.

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Baua Electric

OCTOBER 11, 2024

BYD tops SAIC to become China’s largest auto group After sales surged by 62%, with over 3 million vehicles sold last year, BYD officially became China’s best-selling brand. BYD is now China’s largest auto group after topping SAIC in September sales. September was BYD’s fourth consecutive record-breaking sales month.

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Baua Electric

OCTOBER 31, 2024

BYD teases new luxury EV interior ahead of its debut The company’s head of brand sales, Zhao Changjiang, confirmed Denza would launch the Z9 at the 2024 Guangzhou Auto Show on November 15. The new luxury EV will follow the Denza Z9 GT , which opened pre-sales in August, starting at $47,700 (339,800 yuan). billion) and revenue ($28.2

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Baua Electric

NOVEMBER 4, 2024

BYD went on a hiring spree over the past few months as sales and profits reached new levels. As vehicle sales continue gaining momentum in China and overseas, BYD went on a major hiring spree to help fuel the expansion. Through October, BYD’s NEV sales topped 3.25 After selling a record 1.1 billion (RMB 11.6 billion (RMB 201.1

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Baua Electric

MARCH 29, 2024

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’s general manager of its Asia-Pacific Sales Division said people were lining up to purchase the car after hitting its 10K sales goal in just 42 days.

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Baua Electric

AUGUST 16, 2024

It’s also planning to build factories in Hungary, Brazil, and Turkey. Although EV sales have yet to take off, new affordable models could help drive demand. Electrek’s Take As Bloomberg notes, Pakistan’s EV market is still small compared to overall auto sales. BYD opened its first EV plant in Thailand last month.

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Baua Electric

MARCH 28, 2024

BYD plans to more than double its overseas sales this year, as it aims for one million in 2025. We reported earlier this month that BYD looks to crush gas-powered car sales with its newest platform. For example, BYD is building a plant in Hungary that will “be Europe, for Europe.” Its main target is gas-powered vehicles.

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Baua Electric

AUGUST 19, 2024

Although IONIQ 5 and 6 sales slipped last month, they are still up 25% and 54% year-to-date, respectively. Meanwhile, sister company Kia continued its record-setting performance in July after EV sales nearly doubled YTD. According to Kelley Blue Book , Kia EV9 sales outpaced the Toyota bZ4X, VW ID.4,

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Baua Electric

MARCH 11, 2025

Chinas Global Dominance in the Electric Vehicle Industry China has emerged as a powerhouse in the electric vehicle (EV) industry, playing a dominant role in global EV production, sales, and technological advancements.

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Baua Electric

JUNE 17, 2024

Hyundai’s top-selling IONIQ 5 set a new monthly sales record in May, with 4,449 units sold. Hyundai’s IONIQ EV brand sales are up 42% YOY as of May. 2024 Hyundai IONIQ 5 interior (Source: Hyundai) Although the battery unit will come online about a year later, it will be sourced from Hyundai’s Hungary plant.

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Baua Electric

NOVEMBER 20, 2024

BYD is already a leading EV brand in key regions like Southeast Asia and Central and South America, but it expects sales to accelerate in the next few months. The EV giant opened its first manufacturing plant in Thailand earlier this year, and more are planned for Hungary, Brazil, Mexico, Pakistan, and Turkey. billion (RMB 11.6

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Baua Electric

FEBRUARY 21, 2025

20 February 2025 Read next What to expect from Hungarys automotive market in 2025 20 February 2025 Read next What was the best-selling EV in Europe in 2024? 19 February 2025 Strong retail sales and high consumer expenditure point to a generally healthy market. Retail sales of new vehicles are expected to reach 1.01

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Tony Karrer Delicious EVdriven

APRIL 16, 2009

Put simply, this little-known upstart has accelerated ahead of its much bigger rivals in the race to build an affordable electric car. Today BYD employs 130,000 people in 11 factories, eight in China and one each in India, Hungary, and Romania. we could not afford to do anything like this." 107.12% Rite Aid Corporation 0.66

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Baua Electric

FEBRUARY 21, 2025

20 February 2025 Read next What to expect from Hungarys automotive market in 2025 20 February 2025 Read next What was the best-selling EV in Europe in 2024? This will benefit the Neue Klasse vehicles, the first of which will enter series production later this year in Hungary.

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