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BYD begins construction of Thailand plant with annual capacity of 150,000 units

CN EV Post

On March 10, BYD held a groundbreaking ceremony for the plant in Thailand, and the delivery ceremony for the 10,000th BYD Atto 3. BYDDY.US | BYD HK BYD began construction of its passenger car plant in Thailand, as it reaches a milestone in deliveries there. billion baht ($491 million) electric vehicle production project.

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Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

Europe, the birthplace of the automobile industry, to North America across the Pacific Ocean, has always been the top stage that Chinese car companies hope to step on. With the current sales figures and the seductive future expectations, Southeast Asia has successfully attracted the attention of Chinese car companies.

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Here’s how China’s BYD is working on its image problem

Baua Electric

While European automakers have been shifting over to direct sales à la Tesla, China’s BYD, for Build Your Dreams, along with Chinese peers Xpend and Great Wall Motor are looking to dealers to build sales and provide networks to help their brands build solid reputations and trust among Europeans. Last year, the company sold 1.6

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Taiwanese smartphone giant Foxconn reveals electric ute, global sales planned

EV Central

Yet another electric ute has been unveiled, this time by Taiwanese industrial giant Hon Hai. It also described it as having the ability to traverse “all terrains”, which suggests it has a dual-motor all-wheel-drive powertrain. sec 0-100km/h time and 700km electric range. It boasts a 3.8 Foxconn’s EV lineup.

Global 52
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BMW boosts CATL battery order to €7.3B, signs €2.9B battery order with Samsung SDI

Green Car Congress

billion for the Chinese production site of the BMW Brilliance Automotive Ltd. Andreas Wendt, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network. The BMW Group’s fifth-generation electric drive trains from 2021 on will also be produced entirely without using rare earths.

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Global EV sales are ‘robust’ – more than 1 in 5 cars sold in 2024 will be electric

Baua Electric

More than 1 in 5 cars sold globally this year is expected to be electric, with surging demand projected over the next decade, says a new International Energy Agency (IEA) report. The number of EVs sold globally in Q1 2024 is roughly equivalent to that in all of 2020. In the US, roughly 1 in 9 cars sold are projected to be electric.

Global 52
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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Electric car sales in 2023 were 3.5 Electric cars accounted for around 18% of all cars sold in 2023, up from 14% in 2022 and only 2% five years earlier, in 2018. These trends indicate that growth remains robust as electric car markets mature. million EVs in 2023 In China, the number of new electric car sales reached 8.1