Remove Auto Remove Chinese Remove Hungary Remove Personal
article thumbnail

BYD plots another overseas EV plant: Here’s why that could be a bigger deal than you think

Baua Electric

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.

article thumbnail

Mercedes introducing EQB compact electric SUV in Shanghai

Green Car Congress

The new Mercedes-Benz EQB is making its debut at Auto Shanghai 2021 this week. After Europe, the international version of the EQB, produced in Kecskemét, Hungary, will be launched at the end of the year, followed by the US market launch in 2022. Ltd (BBAC), a joint venture between Daimler and its Chinese partner BAIC Group.

Mercedes 243
article thumbnail

China’s Chery to set up shop in Europe

Baua Electric

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.

Chery 52
article thumbnail

In a first, wind and solar overtake fossil fuels in the EU in 1H 2024

Baua Electric

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.

Wind 52
article thumbnail

BYD slashes price on its best-selling SUV to $16K to compete with gas cars

Baua Electric

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.

BYD 52
article thumbnail

Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

News | Markets | Technology | Personal Finance | Small Business | CNN.com RSS Newsletters Video Home Fortune 500 Technology Investing Management Rankings Warren Buffett takes charge Warren Buffett hasnt just seen the car of the future, hes sitting in the drivers seat. The car came straight to Omaha from the Detroit auto show.

BYD 62
article thumbnail

Buffett's Chinese electric car company

Tony Karrer Delicious EVdriven

Today, BYD employes 130,000 people in 11 factories, either in China and one each in India, Hungary and Rumania. Innovation appears to be Mr. Wang’s personal passion. 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.

Chinese 28