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BYD breaks into Toyota-dominated Japan as EV sales climb

Baua Electric

Can BYD compete with Toyota on its home turf? According to the latest sales data, BYD accounted for nearly 3% of Japan’s EV market in the first half of 2024. BYD launched its first EV, the Atto 3, in Japan in January 2023. As always, luxury automakers like Mercedes, BMW, and Audi held the biggest share of imports.

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Toyota plots new EV battery plant to fend off incoming BYD, low-cost Chinese EVs

Baua Electric

Toyota is planning to build a new EV battery plant on Japan’s “Silicon Island” to keep pace with BYD and other incoming Chinese electric car makers. After launching its first EV, the Atto 3, in Japan, BYD now has three EVs rolling out on Toyota’s home turf. FTC: We use income earning auto affiliate links.

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BYD #1 In World In Plugin Vehicle Sales In 2022

CleanTechnica EVs

After looking at the top selling plugin vehicle models of 2022 across the world, let’s look at the auto brands that sold the most plugin vehicle models. Top Auto Brands in World in EV Sales — December 2022 In the last stage of the 2022 race, BYD scored another record month, this time with 228,502 […]

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BYD to shake up North American EV market with plans to enter Canada

Baua Electric

China’s BYD wants a bigger piece of the North American EV market. With plans to sell electric cars in Canada, BYD is closing in on the US. The documents (via Automotive News ) reveal that BYD has reached out to inquire about “the establishment of a new business, and the application of tariffs on EVs.”

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Tesla and local EV makers are leaving veteran auto in China’s electric car segment

Teslarati

For some legacy automakers, China’s electric car segment is becoming a white whale of sorts amid rising competition from younger, faster, and more aggressive rivals. In a way, it appears that veteran auto’s pedigree is starting to not matter very much, in China at least. . Don’t hesitate to contact us with news tips.

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BYD, Chinese EV makers account for +40% of German EV imports ahead of new tariffs

Baua Electric

Chinese EV makers, including BYD , accounted for over 40% of German EV imports through April 2024. Despite Chinese electric vehicle imports slipping 15.7% According to data released by the German statistics office Tuesday (via Reuters ), German EV imports from Chinese automakers like BYD reached 31,500 through April 2024.

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BYD sees bigger profits on some EVs sold in the EU than in China, even with tariffs

Baua Electric

After the EU announced new tariffs on Chinese EV imports, BYD is subject to an additional 17.4% However, with BYD reportedly generating higher EV profits on models like the Seal U in the EU than in China, the EV leader is expected to overcome the impact. BYD announced it would enter the European car market in 2020.

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