Baua Electric

JULY 30, 2024

in Asia (269,317), with 13% and 11% declines in two of its most critical markets, China and Thailand. Toyota’s sales decline in Asia comes as Chinese EV makers, including BYD’s aggressive price cuts , are squeezing foreign automakers out of the market. The Chinese EV maker is now No. Last month, Toyota’s sales fell 7.2%

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Teslarati

SEPTEMBER 12, 2024

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.

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Baua Electric

AUGUST 7, 2024

Hyundai is upping the ante on China’s leading EV maker with plans to dish out $28 million (1 billion baht) on a new EV assembly and battery plant in Thailand. Hyundai to fend off BYD with EV plant in Thailand With EV sales surging in Thailand, Hyundai wants in on the action.

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Teslarati

SEPTEMBER 24, 2024

Geely Auto plans to build an assembly plant in Vietnam. The Chinese automaker plans to expand production in Vietnam through its investment. The Chinese automaker announced it is forming a joint venture with Vietnam’s Tasco Joint Stock Company. Geely Auto plans to build a plant capable of assembling 75,000 vehicles a year.

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Baua Electric

MAY 14, 2024

The new JV, named “Leapmotor International,” will expand to sell Chinese EVs in Europe this fall, with additional markets to follow. billion stake in Chinese OEM Leapmotor. The post Stellantis, Leapmotor officially launch joint venture to sell Chinese EVs in Europe this fall appeared first on Bauaelectric Auto News.

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Baua Electric

JUNE 12, 2024

How will the new EU tariffs impact Chinese EV makers like BYD and NIO? The EU launched an investigation into Chinese EV subsidies in October as imports climbed. The comments came as Chinese EV makers, like BYD, launched new models aimed at the region. Why is the EU imposing new duties on China EV imports? Geely: 20% SAIC: 38.1%

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Baua Electric

JULY 9, 2023

Pacific Auto [BYD] On July 8, BYD’s reliable Weibo submit mentioned lately that, consistent with Autoliofethailand information, BYD ATTO 3 used to be the top-selling electrical car in Thailand within the first part of 2023. When it comes to energy methods, the fresh automotive is supplied with a 1.5T plug-in hybrid gadget (1.5T

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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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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. BYD is launching new vehicles in surging EV markets like Thailand, Singapore, Brazil, and Mexico. It’s even cracking into Japan’s auto industry, a market dominated by Toyota.

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Baua Electric

MAY 17, 2024

Toyota is preparing to produce its first electric pickup in Thailand by the end of next year. Toyota to launch its first electric pickup in Thailand As one of the top-selling pickups globally, the Toyota Hilux is the perfect model to go all-electric. Most of the Grab (Thailand’s Uber) that I took were electric MG or BYD vehicles.

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Baua Electric

SEPTEMBER 12, 2024

BYD store in Thailand (Source: BYD) One of the sources said the ministry was more open to investments in Europe and Thailand. BYD opened its first plant in Thailand in July with EV sales expected to surge in the country over the next few years. BYD’s new EV plant in Thailand opened on July 4.

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Baua Electric

JULY 5, 2024

The news comes after BYD opened its first factory in Thailand, with others planned in Brazil and Mexico as it expands in overseas markets. BYD’s new plant could help it overcome the potential impacts of new EU tariffs on Chinese EV imports. The new EV plant in Turkey comes after BYD opened its first factory in Thailand on Thursday.

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Baua Electric

JULY 8, 2024

The news comes after BYD opened its first factory in Thailand, with others planned in Brazil and Mexico as it expands in overseas markets. BYD’s new plant could help it overcome the potential impacts of new EU tariffs on Chinese EV imports. The new EV plant in Turkey comes after BYD opened its first factory in Thailand on Thursday.

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Baua Electric

MARCH 26, 2024

According to the company’s Thailand president, Toyota will launch an electric Hilux pickup by the end of 2025. Speaking to reports during the Bangkok International Motor Show, Toyota Thailand president Noriaki Kamashita said the Hilux EV would be ready by the end of next year. An all-electric Toyota pickup may be closer than expected.

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Teslarati

APRIL 4, 2024

According to the Chinese company’s announcement, it has developed a midsize-to-large pickup truck for the global market. BYD will probably launch its electric pickup truck in other markets that are interested in pickup trucks, including Thailand. She added that BYD does not have plans to enter the United States.

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Teslarati

APRIL 10, 2024

According to the China Passenger Car Association’s (CPCA) Secretary General Chi Dongshu, China’s auto sector’s profit margins have fallen to 4.3% Based on the CPCA Secretary General’s numbers, BYD might not be the only Chinese automaker to see falling profit margins. BYD hopes to ensure stable profitability by improving sales.

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Baua Electric

AUGUST 1, 2024

Mitsubishi’s CEO Takao Kato explained, “Collaboration with partners is essential in today’s auto industry,” with EVs and other tech rapidly developing. The Nissan, Honda, and Mitsubishi partnership comes as Tesla and Chinese EV makers like BYD continue expanding in key global markets, including Japan, taking market share.

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Baua Electric

JULY 17, 2023

Over the generation few years, Chinese language automobile exports have hovered round 1 million gadgets consistent with 12 months. Via the top of 2023, Chinese language automobile export quantity is anticipated to exceed 4 million gadgets, in keeping with Fu Bingfeng, Government Vice President and Secretary-Common of CAAM.

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Baua Electric

MARCH 20, 2024

Going forward, “Isuzu plans to produce a BEV pickup truck in Thailand,” Minami explained. Thailand is the Japanese automaker’s largest market for pickups and demand for EVs is soaring in the nation after introducing new incentives. Isuzu’s pickup was the second best-selling model in Thailand in January, behind only Toyota’s Hilux.

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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. The automaker opened its first EV plant in Southeast Asia on Thursday, in Thailand. REUTERS) Turkey will soon unveil an agreement with BYD Co.

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Baua Electric

AUGUST 12, 2024

Chinese EV automaker ZEEKR continues its global expansion, recently relaying plans to sell its vehicles in Japan. This past February, Geely Auto inked a deal to sell ZEEKR EVs in Mexico , hinting at the time to further expansions into South America. FTC: We use income earning auto affiliate links.

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Baua Electric

JULY 16, 2024

A year and a half later, the Chinese automaker is already making a big statement as it cuts into Japan’s hard-to-crack auto market. 14 on Japan’s auto importer list. Electrek’s Take Japanese automakers like Toyota, Honda, and Nissan dominate Japan’s auto market. Toyota alone accounts for over a third of car sales.

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Baua Electric

SEPTEMBER 17, 2024

Its affordable electric and hybrid models are squeezing gas-powered vehicles out of China’s auto market, especially from foreign automakers. According to AutoForecast Solutions CEO Joe McCabe (via Nikkei ), BYD would still have the cheapest EV in the US, even with the new 100% tariff on Chinese electric vehicle imports.

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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

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

JULY 20, 2023

Certainly one of our readers despatched me an e-mail asking how it’s imaginable that some 2-year-old Chinese language firms have already got 3 unutilized EVs at the street (Zeekr) or {that a} unutilized maker can create 7 unutilized fashions and seven facelifts in 5 years (Nio). million vehicles by way of 2025, and many others.

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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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CleanTechnica EVs

MAY 15, 2023

The Chinese firm Hozon Auto officially launched the Neta V in Malaysia at the recently held Malaysia Auto Show. The Neta V is a compact crossover from its Neta Auto electric vehicle brand. Some of the other models in Neta’s stable are the Neta U and Neta S. Neta has delivered over 220,000 electric cars […]

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EV Central

SEPTEMBER 11, 2024

Chinese car giant Geely Auto has announced it will use its 2025 EX5 electric SUV to spearhead an Australian launch, challenging dominant mid-sized SUVs like the Tesla Model Y. That will change following the announcement it would soon sell the Geely EX5 in Norway, Australia, Thailand, Indonesia and other markets.

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Baua Electric

MAY 13, 2023

Tesla China, SAIC, Chery, Geely, Stunning Wall Motors, Changan, and BYD are a number of the largest participants to Chinese language car exports. These days, SAIC is the biggest Chinese language car exporter with its MG emblem contributing essentially the most to this stellar efficiency. 37 million automobiles.

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Baua Electric

JANUARY 11, 2024

1 is the first Chinese-made ship designed to carry domestic EVs overseas. First BYD ship sets sights on Europe to deliver EVs Marking a “new era” for Chinese vehicles, BYD’s first ship designed to carry EVs arrived at Yantai Port on January 9. 1 is the first vessel built by a Chinese shipyard designed for exporting domestic vehicles.

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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. BYD store in Thailand (Source: BYD) BYD’s battery installations hit 33.2 BYD ranked second with a 15.4% from last year.

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Baua Electric

JULY 15, 2024

The Chinese EV maker has already said it’s not planning to launch passenger cars in the States, so what’s BYD’s new Shark pickup truck doing in the US? However, it will launch the pickup in global markets like Thailand (where it opened a new plant this month) and Latin America. appeared first on Bauaelectric Auto News.

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Baua Electric

JULY 3, 2023

Peugeot lately has a “healthy” form store and is taking a look to make bigger electric-vehicle choices at the same time as indicators mount that auto call for is softening international, Linda Jackson, the emblem’s CEO, stated. The emblem has refuse plans to go into the U.S.

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Baua Electric

MAY 7, 2024

Chinese car makers can undercut rivals in Europe because their production costs are heavily subsidised. In addition, China exported over 4 million cars in 2023, making it the largest auto exporter in the world, among which 1.2 Chinese companies accounted for 75% of electric car sales in 2022, and 45% in 2023. million were EVs.

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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

SEPTEMBER 19, 2024

Ember’s data on Chinese solar export reveals significant growth is also emerging in new markets such as Pakistan and Saudi Arabia, as well as the Philippines, the UAE, Thailand, and Oman. trusted affiliate link* FTC: We use income earning auto affiliate links. Get started here.

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