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Chinese automakers sweep Western brands out of global markets

Baua Electric

It won’t be news to Charged readers that Chinese automakers have lapped “Western” brands in the EV race. Michael Dunne knows as much about China’s auto market and automakers as just about anyone out there. In Thailand, Japanese brands have dominated for decades, with a market share around 90%.

Chinese 52
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Neta starts construction of its first overseas plant in Thailand, with planned annual capacity of 20,000 units

CN EV Post

Neta is building the electric vehicle assembly site with Thailand's BGAC and expects it to start production by the end of January 2024. Neta laid the groundbreaking for its plant in Bangkok, Thailand, on March 10, which will be its main manufacturing base for right-hand drive EVs for export to ASEAN, the company said today.

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China discourages local automakers from building EV plants overseas

Teslarati

China’s Ministry of Commerce discouraged Chinese automakers from investing overseas. In July, the Ministry of Commerce told Chinese automakers not to invest in India and “strongly advised” against investments in Russia and Turkey. It also mentioned risks in building car manufacturing factories in Europe and Thailand.

China 99
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BYD overcomes China’s intense EV price war as record car sales lead to Q2 profit surge

Baua Electric

BYD Seal test drive in Mexico (Source: BYD) Low-cost EVs, overseas expansion fueling growth BYD’s auto (and related) sales accounted for 76% of revenue, generating RMB 228.3 BYD store in Thailand (Source: BYD) BYD opened its first plant in Thailand, a key auto hub and growing EV market, last month. billion ($1.9

BYD 52
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Here’s how China’s BYD is working on its image problem

Baua Electric

But as the EV giant makes inroads outside of China, it is looking to change that, the old-school way, dealer by dealer. European consumers have no inkling of Chinese brands,” Daniel Kirchert, the head of e-mobility consultancy Noyo and former BMW executive, told Automotive News Europe. Last year, the company sold 1.6

BYD 52
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Ford opening 66 more new dealerships in China by end of year; Asia-Pacific growth plans

Green Car Congress

Many of these cities, relatively unknown outside of China, have populations well above one million people and will help lead the next wave of growth in the Chinese economy. With the additional 66 dealers we are opening, we will be on track to have more than 340 operational dealerships in China by the end of the year.

Asia 199