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

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

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.

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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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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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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

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. The EV leader plans to enter ten new markets by the end of the year. The Seagull EV is already rolling out in overseas markets.

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Baua Electric

AUGUST 28, 2024

Despite aggressive discounts on its electric cars in China, BYD’s bottom line nearly doubled in the second quarter compared to Q1 2024. BYD credited the Q2 profit surge to rebounding vehicle sales, which reached a new record. BYD record vehicle sales lead to higher Q2 profits BYD announced net income reached RMB 9.06

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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

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 31, 2024

China’s BYD found a new partner to cut EV costs and fuel adoption. As part of a massive new multi-year alliance, BYD is set to launch 100,000 EVs on Uber’s platform globally. BYD and Uber announced the new partnership on Wednesday. The alliance will bring 100,000 new BYD electric vehicles onto Uber’s extensive platform.

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Baua Electric

SEPTEMBER 18, 2024

Kia is growing in China as most foreign automakers are rapidly losing market share. After launching its new low-cost electric SUV, the EV5, Kia is already seeing the results, as brand sales in China topped 20,000 for the third straight month in August. China is not the only market in which Kia’s sales are surging.

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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

AUGUST 1, 2024

BYD set a new sales record last month with over 342,000 new energy vehicles (NEVs) sold. Although BYD’s EV sales fell slightly in July, PHEVs continued building momentum after setting a new record for the fifth straight month. BYD sold 342,383 NEVs in July, up 30% year over year and beating the previous record set in June (341,658).

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Baua Electric

FEBRUARY 29, 2024

Renault confirmed today that it is in talks with Volkswagen to build a BEV minicar for the European market. 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.

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Baua Electric

MAY 29, 2024

China’s surging EV sales are leading to new job growth Privately-owned firms, such as BYD and others in the EV industry, are accelerating job growth in China. The main drivers behind China’s job growth are auto, electric devices, and semiconductors, all powering the country’s surging electric vehicle market. million jobs.

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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

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

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

SEPTEMBER 18, 2024

BYD’s cheapest electric car, the Seagull, was the top-selling car in China last month, with nearly 41,000 models sold. Starting at under $10,000, the BYD Seagull even has US automakers worried. In March, BYD launched the Seagull EV Honor Edition with a “shocking price” starting at just 69,800 yuan, or less than $10,000.

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Baua Electric

FEBRUARY 7, 2024

Ford (F) assembled a “super-talented skunk works team” to build a low-cost EV platform. Ford is “secretly” developing a low-cost EV platform Following Tuesday’s Q4 and full-year 2023 earnings results, Farley explained that Ford is adjusting its capital while switching gears to focus on smaller EVs. billion this year.

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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.” BYD sold 980,000 vehicles in Q2, representing 40% growth from last year.

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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. in Germany through the first four months of 2024, their market share still increased. in Germany through the first four months of 2024, their market share still increased. 4, BYD is enjoying more of the “EU Premium” on EVs.

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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 The penetration rate could be even higher over the next three months as NEVs dominate the market, according to Wang.

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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

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Baua Electric

FEBRUARY 7, 2024

BYD continues its dominant overseas expansion after accounting for over 20% of Japan’s EV imports last month. After launching just last year, BYD is already making its presence known as Japan lags behind the auto industry’s shift to electric. Of the 1,186 electric cars imported into the nation, BYD accounted for 217 of them.

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Baua Electric

APRIL 17, 2024

To boost sales in the world’s largest EV market and one of Volkswagen’s most important regions, the company is launching a new digital EV platform with China’s XPeng. VW says the EV platform will slash costs as it looks to recapture market share in China. Even Ford’s CEO Jim Farley called BYD’s Seagull “pretty damn good.”

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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

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

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

JANUARY 12, 2024

BYD is significantly lowering EV prices in Germany to extend its global lead. BYD cuts EV prices in Germany in overseas expansion After overtaking Tesla in EV sales in the last three months of 2023, BYD aims to extend its lead in key markets. BYD’s Atto 3 features a 60.48 The BYD Explorer No.

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Baua Electric

APRIL 22, 2024

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. BYD announced on social media that the Shark electric pickup with DMO technology is coming soon.

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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

JANUARY 29, 2024

After a record EV sales year, BYD expects to rake in at least $4 billion in net income. BYD forecasts its profits rising at least 75% last year. BYD expects at least $4 billion in 2023 net income BYD sold nearly 1.6 Despite the growth, BYD’s stock is slipping after missing analyst expectations of around $4.5

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Baua Electric

FEBRUARY 1, 2024

After topping Tesla in the final three months of 2023, BYD is starting the year off strong with EV sales rising another 50% in January. 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. Production was only up 9% to 90,749 units.

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Baua Electric

AUGUST 19, 2024

Chinese legacy automaker Dongfeng Motor launched its new low-cost EV in Europe to compete with automakers like Volkswagen. Meet the new low-cost Chinese EV for Europe Dongfeng is one of China’s oldest and largest automakers. It was the second state-owned auto brand established following FAW. Powered by a 42.3

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Baua Electric

MARCH 28, 2024

Global EV leader BYD believes new energy vehicles, including EVs and PHEVs, have entered the “knockout round” with gas-powered cars. BYD plans to more than double its overseas sales this year, as it aims for one million in 2025. We reported earlier this month that BYD looks to crush gas-powered car sales with its newest platform.

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