Green Car Congress

AUGUST 26, 2013

UD Trucks, part of the Volvo Group, launched Quester, a new heavy-duty truck range developed specifically for growth markets. UD Trucks has served the Japanese market, and exported trucks to markets across Asia, Africa, South America and the Middle-East for many decades.

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Teslarati

DECEMBER 6, 2023

In a report, Bloomberg News noted that pure electric car makers like Tesla stand to hold 7% of the global vehicle market this 2023. Also interesting is the fact that electric cars are also growing in countries like India, Thailand, and Indonesia. In Thailand alone, electric vehicles have captured 9% of the cars sold in the country.

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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. 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. The final details are still being ironed out.

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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. Despite growth in Europe (+2.7%) and Latin America (+6.5%) last month, Toyota’s sales were hit hard in Asia, its biggest market. Will BYD continue squeezing Toyota out of the market?

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Baua Electric

JULY 16, 2024

According to the latest sales data, BYD accounted for nearly 3% of Japan’s EV market in the first half of 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.

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The Truth About Cars

JANUARY 23, 2024

Photo credit: Suwin66 / Shutterstock.com The electric vehicle (EV) market is experiencing a significant growth in 2024 , with expectations for sales of passenger EVs to climb by 21 percent in 2024, reaching 16.7 This trend reflects a steady rise in the EV sector, despite various external factors and policy changes affecting the market.

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The Truth About Cars

MAY 23, 2024

With new vehicle prices having surpassed parody, any automaker building affordable vehicles may soon find themselves getting a lot of attention from customers who just want something that will work for under $40,000 and that’s basically all Mitsubishi sells. And, with a market share of just 0.6 sales market.

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Baua Electric

NOVEMBER 1, 2024

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. It’s also aggressively targeting overseas market share. BYD’s impressive growth is being driven by its ever-expanding lineup of vehicles.

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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. Also set to join the ranks is the Riddara-branded ute that could adopt the Geely badge for our market. READ MORE: Geely promises a million-kilometre 50 year EV battery.

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Baua Electric

OCTOBER 31, 2024

BYD’s new luxury electric sedan, the Denza Z9, will hit the market next month. 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. BYD is rapidly expanding into new overseas markets to continue its growth. It’s official.

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Baua Electric

NOVEMBER 18, 2024

Amid a wave of new competition and an intensifying EV price war in China, BYD is setting up shop in key overseas markets to drive growth. 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

NOVEMBER 20, 2024

Ford is slashing another 4,000 jobs in Europe as it struggles to keep pace with the market’s shift to electric vehicles (EVs). The American automaker said a “highly disruptive” EV market and new competition are causing significant losses in the region. A Ford spokesperson confirmed the move, citing a “rapidly deteriorating” EV market.

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Baua Electric

NOVEMBER 4, 2024

BYD’s wide-reaching portfolio (Source: BYD) Although BYD is widely recognized for its extremely affordable vehicles, like its best-selling Seagull , which starts under $10,000 (69,800 yuan), China’s EV leader is rapidly expanding into new segments. FTC: We use income earning auto affiliate links.

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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. Tesla, which still holds a commanding lead (48% share in July) in the US EV market, has yet to break the $30,000 threshold. BYD’s new EV plant in Thailand opened on July 4.

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Green Car Congress

DECEMBER 19, 2018

TMAP)—the sales & marketing regional headquarters of Toyota Motor Corporation (TMC) in Asia—offering the Total-care Service for 1,500 Toyota vehicles owned by Grab Holdings, Inc. Grab currently offers services in Singapore, Indonesia, the Philippines, Malaysia, Thailand, Vietnam, Myanmar and Cambodia.

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Green Car Congress

MAY 25, 2011

affordable multipurpose vehicle for the Asian market. In 2010, TMMIN production of IMV series models and the “Avanza” sedan totaled 107,000 units, of which approximately 45,000 units were exported to Thailand, Philippines and the Middle East. Toyota began import and sales activities in Indonesia in 1971, marking 40 years of.

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The Truth About Cars

OCTOBER 24, 2024

The automaker claiming that the vehicle will primarily be aimed toward the Association of Southeast Asian Nations (ASEAN) market doesn’t necessarily mean that’s where it’ll stay. Indonesia, Vietnam, Laos, Brunei, Thailand, Myanmar, the Philippines, Cambodia, Singapore and Malaysia may be smaller countries.

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EV Central

AUGUST 7, 2023

Chinese cars sit number three behind Japan and Thailand in terms of popularity in Australia. per cent market share. Add in hybrids and plug-ins and the combined electrified share of the market was 17.9 In a record overall July for new vehicle sales in Australia, EVs accounted for seven per cent of volume.

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Baua Electric

JANUARY 26, 2024

Although BYD launched its Tang EV in Norway in 2020, the electric SUV began rolling out in Germany, the Netherlands, and other major European markets last year. It’s also one of the few electric SUVs on the market with the option for seven seats, like the Tesla Model Y. It’s already a leader in Thailand, Brazil, and Columbia.

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Baua Electric

MAY 7, 2024

These trends indicate that growth remains robust as electric car markets mature. While sales of electric cars are increasing globally, they remain significantly concentrated in just a few major markets. However, sales remain limited elsewhere, even in countries with developed car markets such as Japan and India.

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Baua Electric

SEPTEMBER 19, 2024

Strong growth in established markets is combining with rapid acceleration elsewhere to make solar additions higher than ever before. 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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Green Car Congress

JANUARY 5, 2010

Honda is planning to introduce a new model based on the Honda New Small Concept in 2011, in India and also in Thailand. Honda says it will strive to provide a new small-sized vehicle that is beyond the expectations of customers in rapidly growing markets and offer it at an affordable price by leveraging its global parts sourcing network.

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Baua Electric

JANUARY 11, 2024

The company said it will “ensure BYD’s rapid delivery and expansion of overseas markets.” 1 (Source: CIMC) Expanding around the globe with new models The EV leader is rapidly expanding into new markets. BYD is already a leader in key auto markets like Thailand , Brazil, and Columbia. The BYD Explorer No.

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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. Electrek’s Take As China’s EV market is becoming saturated with many EV producers, leaders like BYD, Geely, SAIC, and NIO look to expand into global markets.

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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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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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Green Car Congress

DECEMBER 5, 2009

Breaking with conventional practice that focused on launching production in established markets such as the US, Europe and Japan, and then localizing for emerging markets, Nissan has instigated measures to start production of the completely new model at overseas manufacturing sites such as India, China and Thailand.

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Baua Electric

FEBRUARY 26, 2024

BYD takes on new markets rivaling ICE car leaders After launching its cheapest electric models (starting under $14,000), declaring a price war with gas-powered cars, BYD is taking aim at a new market. The entry-level EVs will take on mass-market automakers like Toyota. seconds and a $233,400 (1,680,000 yuan) price tag.

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Green Car Congress

NOVEMBER 10, 2011

The Mirage’s design focused on compactness, affordability, and high fuel efficiency in order to fit the needs of emerging markets as an affordable entry-level model as well as needs of advanced markets for fuel efficiency and low-CO 2 emissions. The new Mirage is due to go on sale first in Thailand in March 2012.

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Baua Electric

MAY 4, 2024

While domestic market wholesales are posting strong double-digit growth on the back of a much-awaited rural India recovery, export demand for made-in-India two-wheelers is finally beginning to see the green shoots of recovery. Exports comprised 22% of its combined domestic market and export sales of 40,44,824 or 4 million units in FY2024.

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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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Green Cars News

DECEMBER 6, 2009

The V-Platform is expected to be incorporated into at least two other models over the next three years as Nissan instigates measures to begin production of its new model at overseas manufacturing sites such as India, China and Thailand rather than focusing on established markets such as the US, Europe and Japan.

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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

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Baua Electric

SEPTEMBER 26, 2024

“We are grateful for the ongoing support from the Tamil Nadu Government as we explored different options for the Chennai plant,” Kay Hart, president of Ford Internation Markets Group, said. Hart explained that the plant will “serve new global markets.” This is a significant shift from its focus on gas-powered vehicles in the country.

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The Truth About Cars

AUGUST 15, 2023

With so much of the market swapping to electrified products and/or dumping small cars in favor of larger vehicles boasting juicer returns for the manufacturer, Mitsubishi’s decision to ditch its infamous econobox is a predictable one. It may be the cheapest car money can buy on our market but it’s aging poorly. Annual U.S.

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Baua Electric

SEPTEMBER 25, 2024

The automaker has been expanding to new markets outside of China and recently claimed the top spot as the world’s largest automaker by R&D workforce. 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. That deadline, plus market forces and sociopolitical head winds against wind and solar installations, means that Taiwanese chipmakers’ electrical appetite is outpacing the country’s transition to low-carbon power.

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