Baua Electric

MARCH 14, 2024

MG Motors, a unit of Chinese automaker SAIC, will open a second European parts centre by the summer of 2024 in France to meet the country’s growing demand for its vehicles, a spokesperson told Reuters on Thursday. SAIC is currently evaluating whether to build a factory in Europe.

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Baua Electric

OCTOBER 24, 2024

Chinese automakers are aiming to more than double their full-process manufacturing capacity outside of China, all in hopes of beating out import tariffs on Chinese-made vehicles and meeting demand for EVs, according to a report from Bloomberg. FTC: We use income earning auto affiliate links. million by 2026. million by 2026.

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Green Car Congress

SEPTEMBER 6, 2021

It will be the first purely electrically powered production vehicle from the Kecskemét plant in Hungary. The driver can manually select the deceleration in three stages (D + , D, D - ) as well as the gliding function via shift paddles behind the steering wheel; D Auto is also available. The vehicles for China are produced in Beijing.

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Baua Electric

JANUARY 2, 2024

The Atto-3 SUV / Source: BYD Europe It was a huge year for profits at Chinese auto behemoth BYD. BYD, the country’s dominant automaker in the world’s largest auto market, released its sales numbers yesterday. Of course, the Chinese EV market is booming – but looking at the numbers, it’s pretty staggering.

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Baua Electric

JULY 10, 2024

Bloomberg) Chinese auto sales slumped in June as the domestic economy remained sluggish, but buoyant exports offset the decline at home, an industry association said Wednesday. Chinese EV exports were down 2.3 Chinese makers are moving production overseas. However, China continues to see drop in sales domestically.

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Baua Electric

JUNE 12, 2024

BYD revealed the new Ocean-M at the Beijing Auto Show in April, calling it the first RWD performance electric hatch. Meanwhile, the EU announced pre-disclosed tariffs on Chinese EV imports on Wednesday. BYD and other Chinese EV makers can explain the accuracy of the findings. A new electric hot hatch is about to hit the market.

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Baua Electric

OCTOBER 30, 2024

As a result, both Europe and the US have recently imposed large tariffs on Chinese EVs, fearing that Chinese cars will undercut domestic industry with lower manufacturing costs. Chinese EVs are already quite popular in Europe, though very few sell in the US.

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Baua Electric

AUGUST 16, 2024

Despite new tariffs on Chinese EV imports in the US and Europe, BYD is widening its lead in key auto markets like Southeast Asia and South America. The Chinese automaker is already a leading EV brand in these countries as it expands into new markets. It’s even cracking into Japan’s auto industry, a market dominated by Toyota.

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Baua Electric

JANUARY 11, 2024

South Korea’s SK On plans to start mass producing lithium iron phosphate (LFP) batteries as early as 2026 to supply several automakers as it pushes to deliver a lower cost battery chemistry favoured by its Chinese rivals, a senior executive said. We have to compete with the Chinese LFPs. Maybe it’s not easy,” he said.

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Baua Electric

JULY 30, 2024

Thirteen Member States now generate more electricity from wind and solar than from fossil fuels, with Germany, Belgium, Hungary, and the Netherlands hitting that milestone for the first time. Hungary set consecutive monthly records for solar generation in April, May, and June 2024. Get started here.

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Baua Electric

JANUARY 3, 2024

Chinese automaker BYD has concluded 2023 with record-breaking sales, which surpasses the 3 million annual sales target and retains its position the global new energy vehicle (NEV) sales champion, for the second year in a row. In the Chinese market, BYD retained its position as the best-selling car brand and manufacturer.

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Baua Electric

DECEMBER 5, 2024

As the European Union slaps more restrictive tariffs on EVs pouring in from China, Chinese automakers have found a workaround: they’ll just make and export hybrids instead, since hybrids of all varieties are bizarrely exempt from the tariff scheme. The European Union’s latest EV tariffs of up to 45.3%

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Baua Electric

JULY 6, 2024

to build a one billion dollar plant that will improve the Chinese EV maker's access to the European bloc amid rising trade tensions --> Turkey is set to unveil an agreemeent with BYD Co. Its first car factory for Europe, in Hungary, is under construction. REUTERS) Turkey will soon unveil an agreement with BYD Co.

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Baua Electric

JANUARY 19, 2024

Chinese EV behemoth BYD may bring two off-road electric SUVs sold in China to Europe that could rival the Land Rover Defender, the Mercedes G-Class, and Ford Bronco. So Europeans can get an up-close look at the SUVs, the company plans to showcase them at the Geneva auto show in February. FTC: We use income earning auto affiliate links.

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Baua Electric

FEBRUARY 3, 2025

Like most Chinese automakers, BYD reports NEV sales, including battery electric (EV) and plug-in hybrid (PHEV) vehicles. After opening its first in Thailand last year, BYD is expanding with new plants in Indonesia , Mexico, Brazil, Hungary, Turkey, and Pakistan. Source: BYD, CnEVPost FTC: We use income earning auto affiliate links.

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Baua Electric

NOVEMBER 21, 2024

With China’s auto market becoming flooded with low-cost competitors, BYD is looking to key overseas markets to drive growth. We may be aware that BYD is a giant Chinese company specialising in EV production, comparable to Tesla, the largest EV manufacturer in the United States,” Mr Hun Manet said at the event.

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Baua Electric

DECEMBER 16, 2024

Chinese EV automaker Build Your Dreams (BYD) continues demonstrating why it should be a name on your radar. Weve told you the Chinese automaker was coming and doing so at a staggering rate. FTC: We use income earning auto affiliate links. This stat is from one plant, not BYDs global annual production tally. BYD is coming.

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Baua Electric

AUGUST 28, 2024

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 billion ($32 billion).

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Baua Electric

JANUARY 22, 2024

BYD Atto 3 (Source: BYD) Europe and the US say that Chinese EV development is running wild and unchecked and on the verge of overwhelming the global market with, well, EVs the rest of the world can’t compete with. FTC: We use income earning auto affiliate links.

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Baua Electric

NOVEMBER 1, 2024

Many Chinese automakers report NEV sales, which include plug-in hybrid (PHEV) and all-electric (EV) models. With a wave of new models hitting China’s auto market, many domestic automakers are looking overseas for growth. FTC: We use income earning auto affiliate links. BYD also adds commercial vehicles.

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Baua Electric

APRIL 11, 2024

Chinese automaker Chery is planning to make cars in Spain, where the EV market is at just 12%, half that of Portugal and France. Chinese companies MG, BYD, and Chery have also been scouting sites in Mexico and talking to officials for better access to the North American market. FTC: We use income earning auto affiliate links.

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Baua Electric

JUNE 17, 2024

The melting pot brand with European and Chinese roots is just starting to gain a foothold in the market on the wings of the Polestar 2, its flagship BEV model that has seen several refreshes since its initial launch in 2020. FTC: We use income earning auto affiliate links.

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Baua Electric

JANUARY 20, 2025

The worlds largest electric vehicle maker is becoming a force in the global auto market. According to the auto association, the EV giant sold nearly 15,500 vehicles last year, its first full sales year. Electreks Take BYDs rapid rise in the global auto market is already causing legacy automakers to scramble.

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Baua Electric

MARCH 29, 2024

BYD set to begin EV production in Thailand in Q3 After showcasing its full range of brands at the Bangkok Auto Show this week, BYD said it will kick off EV production in the country in Q3. Ford’s CEO Jim Farley called the low-cost EV “pretty damn good,” warning the competition of incoming Chinese electric cars.

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Baua Electric

MARCH 28, 2024

The 30% offers room for Chinese brands to grow. For example, BYD is building a plant in Hungary that will “be Europe, for Europe.” Farley said at the Wolfe Research Conference last month that if automakers fail to keep up with the Chinese, like BYD, “20% to 30% of your revenue is at risk.”

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Baua Electric

JUNE 6, 2024

The new factories come in addition to the six already planned in Germany, Thailand, Hungary, Indonesia, and two in the US. Despite a slow start to 2024 due to the Chinese New Year, BYD saw solid sales growth. Source: CnEVPost , SNE Research FTC: We use income earning auto affiliate links. BYD ranked second with a 15.4%

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Baua Electric

NOVEMBER 20, 2024

Electrek’s Take Ford’s restructuring in Europe comes as EV leaders, like China’s BYD, continue gaining ground in the global auto market. After dominating its home market, BYD and other Chinese EV makers are looking overseas to drive growth. FTC: We use income earning auto affiliate links. Can Ford turn things around?

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Baua Electric

JUNE 25, 2023

In keeping with studies on Chinese language social media, the ignition used to be led to by means of the broken battery. We will be able to remind you that Nio has a battery switch station plant right here, in Hungary. PSS ignition case As reported, the ignition came about in Jiangmen, Guangdong province.

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China Batteries Battery Hungary 52

Baua Electric

DECEMBER 10, 2024

At the time, we reported that the MoU kicked off a broad preliminary joint venture with Chinese EV battery giant CATL that detailed the development and purchasing of LFP batteries that will power the automakers small and mid-sized EVs sold in Europe. FTC: We use income earning auto affiliate links.

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Baua Electric

MARCH 4, 2024

However, Geely and BYD are making the biggest impact outside of China, too, with BYD pushing international growth with its plans to build an EV factory in Hungary and Mexico, and other automakers are looking to set up production in Europe as well. FTC: We use income earning auto affiliate links. Get started here.

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Baua Electric

MARCH 18, 2024

Audi farms dual motors for the Q6 E-Tron in Hungary, rated at 140 kw in front and 250 kw in the rear. The post Preview: 2025 Audi Q6 E-Tron casts a potent EV shadow appeared first on Bauaelectric Auto News. drivers will get to choose a less formal Sportback roofline, but not in the first model year.

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Tony Karrer Delicious EVdriven

APRIL 16, 2009

Why hes banking on an obscure Chinese electric car company and a CEO who - no joke - drinks his own battery fluid. The car came straight to Omaha from the Detroit auto show. BYDs breakthrough all-electric E6, photographed at this years Detroit auto show. The E6 will hit the Chinese market later this year.

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Tony Karrer Delicious EVdriven

APRIL 16, 2009

Today, BYD employes 130,000 people in 11 factories, either in China and one each in India, Hungary and Rumania. car companies and battery makers as much as the Chinese government is going to help BYD. This could turn out to be one of Buffett’s very best deals. government is going to help U.S.

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EV Sales

MARCH 22, 2021

For example, with increasing evidence of genocidal Chinese government towards Uyghur residents, including forced labor camps, the lack of transparency regarding whether any Chinese EVs benefit from such labor prompts me to deduct 1 production point from China (out of ~25 it had earned). million EVs sold (70% of them “pure” BEVs).

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Baua Electric

MARCH 4, 2024

We EV pundits have been writing about the rise of the Chinese EV industry for years. In recent weeks, the mainstream press has picked up on the story—many articles describe the coming wave of Chinese exports in apocalyptic terms. A recent headline in the New York Times warned of a “wrecking ball” heading for Detroit.

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Baua Electric

APRIL 15, 2025

The month saw US and Chinese brands dominate the market. However, the European Commission is investigating whether China provided unfair subsidies for BYDs Hungary plant, as told by the FT. Chinese brands require approval from the countrys commerce ministry to manufacture overseas, which has been delayed. year on year.

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Baua Electric

NOVEMBER 13, 2024

Having already outgrown operations in China alone, CATL had previously shared plans for six new facilities in other countries, including Germany, Thailand, Hungary, Indonesia, and two in the US (with Ford and Tesla). That’s a tall order for a Chinese company with an impressive grip on the battery market.

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