Baua Electric

SEPTEMBER 3, 2024

Volvo and Polestar owner Geely Auto unveiled the new Geome Xingyuan EV on Tuesday. With starting prices expected to be around $11,200 (80,000 yuan), the new Geely model will rival low-cost EVs like the BYD Dolphin. The infotainment system is loaded with Flyme Auto OS to support gaming and other fun features.

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Baua Electric

JULY 26, 2024

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. Although Toyota has been one of (if not the) biggest laggards in the global shift to electric cars, the Japanese automaker realizes it needs to compete with Chinese EV makers like BYD.

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Baua Electric

APRIL 16, 2024

If you ever wanted an electric SUV that looked straight out of a Star Wars movie (other than Tesla’s Cybertruck), BYD has just the vehicle for you. BYD’s Fang Cheng Bao brand unveiled its new Super 3 electric SUV concept Tuesday, which has a rugged “interstellar chariot” design. FTC: We use income earning auto affiliate links.

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Baua Electric

SEPTEMBER 17, 2024

A new low-cost electric car is rolling out to global markets, and it’s not from China. VinFast VF 3 interior (Source: VinFast) VinFast’s mini electric SUV will challenge low-cost EVs from China in the Philippines. China’s BYD currently dominates the market, with a 66% share of EV sales YTD in 2024. With an 18.64

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Baua Electric

SEPTEMBER 25, 2024

Volvo has no plans to challenge low-cost EVs in China as the ongoing price war intensifies. The EX30, Volvo’s cheapest EV, starts at around $28,000 (200,800 yuan), but that’s as low as the company will go. For example, BYD’s cheapest EV, the Seagull, starts at under $10,000 (69,800 yuan).

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Baua Electric

AUGUST 15, 2024

Ford is doubling down on plans to launch low-cost EVs after showing dealers several new renderings. The latest images revealed electric sedans, crossover SUVs, and pickups that could hit the market to challenge Tesla and Chinese EV leaders like BYD. Ford looks to match Chinese OEMs and Tesla with low-cost EVs.

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Teslarati

MARCH 26, 2024

Chinese automotive giant and electric vehicle (EV) maker BYD posted its 2023 earnings results this week, with the company reporting its slowest quarterly growth rate in almost two years. In its full-year 2023 earnings report shared on Tuesday, BYD posted an 18.6 The $10,000 BYD Seagull EV is scaring the U.S. billion yuan (~1.2

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Baua Electric

JULY 30, 2024

CEO Jim Farley emphasized Ford’s (not-so-secret) low-cost EV platform is progressing in Long Beach as former Tesla, Rivian, Lucid, and Apple execs aim to develop some of the world’s most efficient electric cars. As the American automaker struggles to stay afloat in Europe, low-cost EVs could be Ford’s savior.

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Baua Electric

NOVEMBER 11, 2024

Toyota wants to make “even better cars” while ramping output to keep pace with domestic leaders like BYD. According to a new Reuters report, the Japanese auto giant plans to overhaul its business in the region. Nonetheless, Toyota wants to revamp its business in China after losing significant market share to domestic leaders like BYD.

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Baua Electric

SEPTEMBER 20, 2024

The new low-cost electric SUV is crucial as NIO takes aim at market leaders like Tesla and BYD. NIO’s new low-cost electric SUV shines in debut On Thursday, NIO launched the Onvo L60 , officially kicking off its new mass-market brand. Source: CnEVPost FTC: We use income earning auto affiliate links.

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Baua Electric

OCTOBER 31, 2024

BYD’s new luxury electric sedan, the Denza Z9, will hit the market next month. Ahead of its November 15 debut, BYD released the first look at the interior of its new luxury EV. BYD Denza Z9 GT (Source: Denza) BYD’s new luxury EV will be offered in all-electric and PHEV variants. However, BYD’s figures do include PHEVs.

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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. million new energy vehicles (EVs and PHEVs) in the third quarter, BYD’s net income surged to $1.6 As vehicle sales continue gaining momentum in China and overseas, BYD went on a major hiring spree to help fuel the expansion. billion).

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The Truth About Cars

FEBRUARY 29, 2024

Chinese automaker BYD has been seeking to build an automotive plant in Mexico, with the company’s regional chief executive confirming the plan on Wednesday. CEO Stella Li has stated that BYD has yet to decide upon a final location. auto sector. border, where she said transportation costs to reach consumers would be expensive.

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Baua Electric

OCTOBER 28, 2024

With new low-cost Chinese flooding global markets, Ford CEO Jim Farley vows its new mid-size electric pickup is a “game changer.” Ford’s leader took a jab at BYD, vowing the company’s new electric pickup will match the costs of Chinese automakers building in Mexico. FTC: We use income earning auto affiliate links.

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Baua Electric

SEPTEMBER 25, 2024

On Wednesday, BYD launched t hree of its top-selling EVs, the Dolphin, Seal, and Atto 3, in Kenya. BYD’s new partnership is another significant milestone as it takes on new markets. The deal makes Loxea the sole distributor of BYD electric vehicles in Kenya. FTC: We use income earning auto affiliate links.

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Baua Electric

AUGUST 26, 2024

The move comes just as China’s largest EV maker, BYD , prepares to enter Canada. The sanctions mirror similar moves from the US and Europe to “protect domestic manufacturing” from the threat of low-cost EVs from China. Tesla and BYD were among the companies with rate drops. BYD’s rate was cut from 17.4% to just 9%.

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Baua Electric

JULY 16, 2024

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. BYD led the charge in Japan as EV sales continued climbing. 14 on Japan’s auto importer list.

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Baua Electric

JULY 30, 2024

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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Baua Electric

SEPTEMBER 13, 2024

China’s BYD now has the world’s largest R&D workforce of any automaker after its latest hiring spree. With over 900,000 employees, BYD aims to continue climbing the global sales charts as it advances new tech to promote longer-range, more affordable EVs. BYD sold 980,000 vehicles in Q2, representing a 40% jump from last year.

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Baua Electric

FEBRUARY 29, 2024

The urgency is growing as European automakers are being far outdistanced by BYD and Tesla , the latter of which sells more EVs in Europe than any other brand. FTC: We use income earning auto affiliate links. The post Renault and VW may partner on low-cost BEV minicar appeared first on Bauaelectric Auto News.

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Baua Electric

JUNE 20, 2024

China’s leading EV maker, BYD , just hit another major milestone. The BYD Yuan family surpassed 1 million in sales this week, becoming its latest brand to cross the threshold. BYD Yuan family tops 1 million in sales BYD has been on a roll as it expands the brand into new territory. of total sales. last year to 76.6%

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Baua Electric

APRIL 24, 2024

Another fully electric BYD vehicle is set to debut this week. Ahead of its official reveal, BYD is teasing the upcoming Ocean-M electric car, which will be based on its new EV platform. BYD previews new Ocean-M EV ahead of its debut BYD is on a roll lately. compared to last year as BYD expands into new markets.

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Baua Electric

MARCH 19, 2024

US chip-making giant NVIDIA is expanding ties with several Chinese automakers, including BYD , as the race for the best software and features heats up. BYD will use NVIDIA’s Drive Thor to power its next-gen EV fleet. Building upon its existing collaborations, BYD is going from the car to the cloud.

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Baua Electric

MARCH 29, 2024

Leading EV maker BYD is quickly expanding overseas after dominating its home market. 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 was Thailand’s best-selling EV maker last year.

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Baua Electric

JUNE 12, 2024

How will the new EU tariffs impact Chinese EV makers like BYD and NIO? And their price is kept artificially low by huge state subsidies,” the EU Commission leader added. The comments came as Chinese EV makers, like BYD, launched new models aimed at the region. The additional tariffs would include: BYD: 17.4%

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Baua Electric

AUGUST 7, 2024

BYD is leading the “Detroit of Asia’s” surging EV market, but Hyundai looks to grab its share. Hyundai to fend off BYD with EV plant in Thailand With EV sales surging in Thailand, Hyundai wants in on the action. Hyundai’s EV plant comes as Thailand’s auto market quickly shifts to electric vehicles. The BOI has approved over $2.2

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Baua Electric

JANUARY 5, 2024

The world’s largest EV maker, BYD , broke ground on its first sodium-ion battery plant this week. BYD is investing $1.4 You likely heard that BYD just topped Tesla in overall EV volume to become the largest electric car maker globally. However, BYD is also a top global battery manufacturer.

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Baua Electric

APRIL 26, 2024

China’s BYD is unleashing a series of new electric vehicles as it expands the brand globally. BYD unveiled two new EVs at the Beijing Auto Show: a sleek Ocean-M electric hatch and the Denza Z9 GT EV. After declaring a “liberation battle” against gas-powered vehicles earlier this year, BYD has been on an EV release spree.

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Baua Electric

APRIL 9, 2024

After selling nearly 35,000 Seagull models in March, cumulative sales of BYD’s cheapest electric car topped 360,000. BYD sells over 360,000 units of its cheapest electric car BYD launched the Seagull on April 26, 2023. BYD is launching the Seagull as the “Dolphin Mini” in overseas markets. kWh or 38.88 kWh or 38.88

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Baua Electric

JUNE 18, 2024

BYD is charging up the competition with Hyundai on its home turf. BYD’s Seal is a sporty EV sedan that is 4,800 mm long, 1,875mm wide, and 1,460 mm tall. The BYD Seal is poised to rival Hyundai’s IONIQ 6 and Tesla’s Model 3 with an affordable starting price. Source: Yonhap News FTC: We use income earning auto affiliate links.

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Baua Electric

APRIL 8, 2024

BYD is expected to launch its next-gen Blade EV battery later this year. The battery will promote more range at an even lower cost. Will the new battery be BYD’s X-factor in its “liberation battle” over gas-powered vehicles? The batteries are a major reason behind BYD’s success.

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Baua Electric

MARCH 19, 2024

last week in China, BYD’s CEO Wang Chuanfu said at this rate, 50% NEV share could happen in the next three months. BYD chairman predicts 50% NEV share in China sooner “The penetration rate of NEVs crossed 48.2 Last year, NEVs accounted for 35% of China’s auto sales. FTC: We use income earning auto affiliate links.

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Baua Electric

MARCH 11, 2024

BYD is leading an offensive against ICE vehicles. A new report claims BYD’s new EV platform will slash costs even further as the automaker kicks off a “liberation battle” against gas-powered cars. Best known for its low-cost EVs, such as the Dolphin, Atto 3, and sleek Seal sedan, BYD is taking its game up a notch in 2024.

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Baua Electric

JUNE 18, 2024

Chinese EV makers, including BYD , accounted for over 40% of German EV imports through April 2024. 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. 4, BYD is enjoying more of the “EU Premium” on EVs.

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Baua Electric

JUNE 3, 2024

China’s leading EV maker, BYD , nearly reached a new sales record in May after aggressive price cuts took effect. BYD posted its second-highest sales last month as new energy vehicle (NEV) sales continued picking up. With 331,817 NEVs (EVs and PHEVs) sold last month, BYD is closing in on its all-time sales record.

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Baua Electric

JUNE 4, 2024

China’s leading EV maker, BYD , is quickly gaining ground in overseas markets. BYD opened its first store in the Caribbean as its global expansion heats up. After setting a new weekly sales record in early May, BYD nearly topped its all-time sales record last month. Of them, nearly 146,400 were fully electric.

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Baua Electric

NOVEMBER 7, 2024

Ahead of its EV blitz, Ford is currently the fastest-growing auto brand in Saudi Arabia. Ford said it’s currently the fastest-growing auto brand in Saudi Arabia. Ford is restructuring its business in Germany as it fights stiff competition, including low-cost Chinese EV makers.

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