Baua Electric

MAY 22, 2024

CATL is doubling down on its global expansion efforts as it seeks more growth in overseas markets. With CATL’s chairman now leading the efforts, the company is making overseas growth a top priority as it outgrows China’s surging EV market. share of the market. Despite incoming competition, CATL’s market share grew from 36.2%

Market 52

Market Morocco Hungary Indonesia 52

Teslarati

MARCH 20, 2022

Stellantis and SDI entered into a multi-billion-dollar joint venture (JV) in October 2021 to produce lithium-ion batteries for the North American market. because many auto companies have been offering us partnerships,” Choi stated. . Currently, the company operates battery manufacturing plants in Korea, Hungary, China, and Malaysia.

United States 87

United States Malaysia Hungary Battery 87

Baua Electric

JANUARY 17, 2024

BYD only sold 4,140 cars in Germany in 2023, but is looking for 10% market share after its factory in Hungary starts production in a few years. In Norway, VW has made more critical cuts to the ID3’s price tag, to stay competitive in a market that has achieved 82% percent of sales being EVs – 20% of those sales being a Tesla in 2023.

Europe 97

Europe Price Belgium Tesla 97

Baua Electric

JUNE 12, 2024

A new electric hot hatch is about to hit the market. The new BYD Seal 06GT was uncovered in China ahead of its official market debut later this year. BYD revealed the new Ocean-M at the Beijing Auto Show in April, calling it the first RWD performance electric hatch.

BYD 52

BYD China Market Hungary 52

Baua Electric

JUNE 17, 2024

In addition to expanding its own retail footprint, Polestar is deploying new non-agency sales models and has announced seven new markets it will begin selling to next year. The new strategy in Europe will include the switch to a non-agency sales model with the help of new existing partners in its current markets.

Czech Republic 52

Czech Republic Market Sale Slovakia 52

Baua Electric

JUNE 4, 2024

Vice Chairman and MD Neeraj Kanwar has said during multiple investor calls that Apollo has had a heavy capital- intensive cycle in the last decade, setting up large manufacturing capacities in Chennai, Hungary and in Andhra Pradesh. Judicious capex spending has received a thumbs-up from most analysts tracking the company.

Auto 52

Auto Hungary India Market 52

Green Car Congress

SEPTEMBER 6, 2021

It will be the first purely electrically powered production vehicle from the Kecskemét plant in Hungary. At market launch, the model range initially comprises two variants: the EQE 350 (power consumption acc. After the EQA, the EQB is the second all-electric compact car from Mercedes-EQ. The vehicles for China are produced in Beijing.

Mercedes 259

Mercedes Concept Wind Batteries 259

Baua Electric

JUNE 6, 2024

As global EV battery consumption continues rising, the most prominent players, including CATL and BYD, continue dominating the market in 2024. CATL still owns over a third of the market, but BYD looks to close the gap with new lower-priced EVs. of the market through April 2024. The company’s market share was up from 14.3%

BYD 52

BYD Market Batteries Battery 52

Baua Electric

MARCH 14, 2024

MG, whose electric compact car MG4 was the 23rd best-selling car in France last year after just a year on the market, already has a central logistics centre in Amsterdam, which distributes parts spare parts throughout Europe.

Parts 52

Parts Europe Auto France 52

Baua Electric

AUGUST 19, 2024

Hyundai Motor Group, including Kia and Genesis, is taking the US EV market by storm this year. After reaching double-digit market share, Hyundai continued closing the gap with Tesla as the second-largest EV brand in the US through July. Hyundai’s luxury brand, Genesis, remains a dark horse in the US EV market.

Hyundai 52

Hyundai Motors Motor Motoring 52

Baua Electric

MARCH 21, 2024

After dominating its home market, BYD is taking its best-selling EVs overseas to challenge legacy automakers. share of the European EV market. Shu highlighted how Europe is a much different market than China or the US, with multiple legislations and languages to work with. In Europe, it starts at around $40,000 (37,990 euros).

Greece 52

Greece BYD Europe Hungary 52

Teslarati

MARCH 31, 2024

During its announcement, BYD highlighted that it is focused on the Thai auto market. The company is also constructing car factories in Hungary and Brazil. Once complete, the Thai EV factory is expected to have an annual production capacity of 150,000 vehicles. million units.

Thailand 69

Thailand BYD Uzbekistan Production 69

Baua Electric

AUGUST 16, 2024

China’s leading automaker, BYD , is reportedly planning to build yet another EV factory overseas as it looks to take on new global markets. 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.

Pakistan 52

Pakistan BYD Thailand Brazil 52

Baua Electric

JUNE 25, 2024

After revealing its new Condensed Battery at the Auto Show in Shanghai last April, we knew CATL was up to something big. Meanwhile, CATL continues dominating the EV battery market this year. According to South Korean research firm SNE Research, CATL accounted for over 37% of the market through the first four months of 2024.

Miles 52

Miles Powered Power Battery 52

Baua Electric

SEPTEMBER 16, 2024

Hao Huan, CTO of CATL’s domestic passenger division, said the new electric bus battery “pays tribute to the 10 years of vigorous development of China’s commercial vehicle market.” share of the global EV battery market According to a recent report, CATL is adding two more factories to its six already planned globally.

Miles 52

Miles Energy Batteries Battery 52

Baua Electric

MAY 16, 2024

But the exact cadence of the ramp-up will be determined by market trends, Zipse added. 2024 Rolls-Royce Spectre BMW will lead its next-generation EVs closer to the mass market with the Neue Klasse models, set to be made for the U.S. “We will stay flexible—even well into the 2030s.”

BMW 52

BMW PHEV Hybrid Hungary 52

Baua Electric

JANUARY 21, 2025

CATL held a commanding lead in the EV battery market last year, accounting for over a third of global usage. CATL already has two EV battery plants in Europe, one in Germany and the other in Hungary. of the market through November 2024. of the market. Heres what we know so far. Chinas BYD was second, with a 17.1%

Europe 52

Europe Batteries Battery Spain 52

Baua Electric

JANUARY 17, 2024

BYD only sold 4,140 cars in Germany in 2023, but is looking for 10% market share after its factory in Hungary starts production in a few years. And BYD is looking to make some serious moves in Europe, and now that it will be building EVs in Hungary in the next couple of years. FTC: We use income earning auto affiliate links.

Germany 52

Germany BYD Price Hungary 52

Baua Electric

NOVEMBER 1, 2024

It’s also aggressively targeting overseas market share. With a wave of new models hitting China’s auto market, many domestic automakers are looking overseas for growth. With new plants opening in several key overseas regions, like Thailand, Turkey, Hungary, and Mexico, overseas sales are expected to continue rising.

BYD 52

BYD PHEV Vehicles Turkey 52

Baua Electric

MAY 26, 2023

Nvidia’s first made inroads with its high-performance chips within the auto trade, and it now supplies a territory of tool, information middle and now artificial-intelligence merchandise throughout sectors. The post Nvidia hold surge drives marketplace price akin $1 trillion appeared first on Bauaelectric Auto News. Microsoft Corp.

Price 52

Price Google Hungary Automobile 52

Baua Electric

FEBRUARY 3, 2025

With overseas sales surging 83% last month, BYD is looking for even more market share in 2025. BYD is opening several new EV plants overseas as it looks to gain market share in key markets. Electreks Take Like the US and most countries, Chinas auto market is seasonal. It could be on pace to top Ford.

Global 52

Global Sale BYD Pakistan 52

Baua Electric

JANUARY 11, 2024

SK On has production sites in the United States, South Korea, Hungary, and China. market at all. We are focusing on the European market,” he said. Chinese battery makers dominate world LFP production, supported by strong demand from automakers in its home market. Choi said the firm is not in talks with its U.S.

South Korea 40

South Korea Auto Las Vegas Batteries 40

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. After opening its first plant in Thailand earlier this year, a booming EV region, BYD plans to open up shop in another major Southeast Asian market. Will BYD overtake Ford in the global auto ranks?

Cambodia 52

Cambodia BYD Ford Toyota 52

Baua Electric

JANUARY 20, 2025

The worlds largest electric vehicle maker is becoming a force in the global auto market. As a new wave of homegrown EVs arrives in China, BYD is focusing on overseas markets to drive growth in 2025. BYD is already the leading EV maker in Indonesia, accounting for over a third (36%) of the market.

BYD 52

BYD Indonesia Thailand Vehicles 52

Baua Electric

OCTOBER 31, 2024

BYD’s new luxury electric sedan, the Denza Z9, will hit the market next month. BYD teases new luxury EV interior ahead of its debut The company’s head of brand sales, Zhao Changjiang, confirmed Denza would launch the Z9 at the 2024 Guangzhou Auto Show on November 15. Check out the images below.

BYD 52

BYD PHEV Turkey Hungary 52

Baua Electric

JANUARY 19, 2024

So Europeans can get an up-close look at the SUVs, the company plans to showcase them at the Geneva auto show in February. Last December, the automaker said it would build a factory in Hungary for the European market, with an initial capacity of 200,000 units a year. FTC: We use income earning auto affiliate links.

Land Rover 52

Land Rover BYD Water Europe 52

Baua Electric

NOVEMBER 18, 2024

Amid a wave of new competition and an intensifying EV price war in China, BYD is setting up shop in key overseas markets to drive growth. The company opened its first manufacturing plant in Thailand, a booming EV market. New facilities are coming online soon in Hungary, Brazil, Pakistan, Turkey, and Mexico.

BYD 52

BYD Sale PHEV Brazil 52

Baua Electric

JANUARY 3, 2024

In the Chinese market, BYD retained its position as the best-selling car brand and manufacturer. In 2023, BYD expanded its international market presence, with exports growing by 334.2% Yangwan and Fangchenbao, both launched in 2023 and initiated deliveries in November, received strong market responses.

BYD 52

BYD Sale Electric Cars Hungary 52

Baua Electric

MARCH 29, 2024

Leading EV maker BYD is quickly expanding overseas after dominating its home market. 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. It will rival Tesla’s entry-level $25,000 EV.

Thailand 52

Thailand BYD Production Uzbekistan 52

Baua Electric

DECEMBER 16, 2024

BYD Auto will be celebrating 22 years of operation next month, and the OEM has been wielding all that production expertise in a big way in recent years specializing in developing and delivering a slew of battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) it collectively classifies as new energy vehicles (NEVs).

BYD 52

BYD Sale Production Uzbekistan 52

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.

Chery 52

Chery Europe Spain BYD 52

Baua Electric

MARCH 4, 2024

The Atto-3 SUV / Source: BYD Europe After recently reducing prices of its refreshed Han and Tang models , Build Your Dreams (BYD) just launched a new version of its top-selling EV Yuan Plus – known as the Atto 3 in overseas markets – to $16,644 in China, making it one of the lowest-priced EVs out there. Get started here.

BYD 52

BYD Price SUV Gas 52

Baua Electric

NOVEMBER 20, 2024

Ford is slashing another 4,000 jobs in Europe as it struggles to keep pace with the market’s shift to electric vehicles (EVs). The American automaker said a “highly disruptive” EV market and new competition are causing significant losses in the region. A Ford spokesperson confirmed the move, citing a “rapidly deteriorating” EV market.

Europe 52

Europe Ford Global BYD 52

Baua Electric

JUNE 17, 2024

Despite the competition pulling back, Hyundai is racing full speed ahead as it looks to close the gap with Tesla in the US electric vehicle market. 2024 Hyundai IONIQ 5 interior (Source: Hyundai) Although the battery unit will come online about a year later, it will be sourced from Hyundai’s Hungary plant.

Hyundai 52

Hyundai Tax Credit Georgia Tax 52

Baua Electric

MARCH 28, 2024

As new electric cars roll out in China, BYD sees joint venture brands (overseas automakers) market share falling from 40% to 10%. For example, BYD is building a plant in Hungary that will “be Europe, for Europe.” With new tech and models rolling out, BYD expects to steal even more market share from gas vehicles over the next few years.

BYD 52

BYD PHEV Gas-Electric Hungary 52

Baua Electric

NOVEMBER 4, 2024

The company opened its first manufacturing plant in Thailand this summer, with several more planned in Hungary, Turkey, Brazil, and Mexico. With aggressive price cuts and new lower-priced models, BYD has declared a “liberation battle” as it aims to continue taking market share from ICE vehicles.

BYD 52

BYD PHEV Brazil Turkey 52

Baua Electric

APRIL 20, 2024

The Vredestein brand presented Apollo Tyres with the perfect entry into Europe’s highly competitive premium tyre market. Images: Vredestein The post Apollo Tyres celebrates Vredestein acquisition with new tulip variant | Autocar Professional appeared first on Bauaelectric Auto News.

Netherlands 52

Netherlands Tribute Hungary 2009 52