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Toyota sales slide as aggressive price cuts by BYD, Chinese EV makers take effect

Baua Electric

in Asia (269,317), with 13% and 11% declines in two of its most critical markets, China and Thailand. BYD sold 145,179 all-electric cars, up 13% YOY. BYD also recently launched its first electric MPV in Indonesia. BYD Seal EVs in Japan (Source: BYD) BYD’s Atto 3 electric SUV and Dolphin start at $30,000 (¥4.4

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BYD EV sales grew nearly 50% in January as exports reached a new high

Baua Electric

BYD EV sales momentum continues in January BYD sold 105,304 fully electric cars last month, up 48% from the 71,338 handed over last year. Interestingly, BYD’s all-electric vehicles are beginning to outpace its plug-in hybrids (PHEVs). BYD’s PHEV sales were up 21% to 95,715 last month.

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BYD is now shipping its own EVs as first cargo ship heads to Europe

Baua Electric

BYD is already a leader in key auto markets like Thailand , Brazil, and Columbia. BYD Yangwang U7 (Source: Yangwang) The automaker revealed the Yangwang U7 this week, a luxury electric sedan with over 1,000 hp poised to rival the Tesla Model S Plaid. BYD revealed the Sea Lion 07 , another mid-size electric SUV, a month before that.

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BYD confirms Shark electric pickup name as Ford F-150 Lightning rival in latest teaser

Baua Electric

A new electric pickup is coming to global markets. BYD is launching its first electric pickup soon after confirming it will go by the name “Shark” in its latest teaser, revealing a Ford F-150 Lightning look up front. The electric truck we’ve been waiting for? of the electric pickup market in China last year.

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Mitsubishi Motors premiering new fuel-efficient Mirage and Concept PX-MiEV II plug-in hybrid; smart house

Green Car Congress

Two MMC cars will make their world premiere at the show: the fuel-efficient Mirage and the Concept PX-MiEV II plug-in hybrid electric vehicles. The new Mirage is due to go on sale first in Thailand in March 2012. MMC has targeted top-of-class fuel efficiency (Japan market version) of 30 km per liter (70.6 mpg US, 3.33

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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

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Toyota’s new senior management remains committed to multi-pathway future; becoming a mobility company

Green Car Congress

We will strengthen sales of hybrid electric vehicles, including in emerging markets, and increase the number of plug-in hybrid electric vehicle options. We will expand our lineup of battery electric vehicles, or BEVs, which represent one important option, over the next several years. million vehicles of annual sales.

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