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Tesla slashes prices across Europe on Model Y

Baua Electric

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.

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Telsa joins VW and BYD in cutting prices in Germany

Baua Electric

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.

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BMW spends billions to push its next-gen EVs into Tesla territory

Baua Electric

A new factory in Debrecen, Hungary, currently under construction, will also build only electric cars, with the upcoming Neue Klasse models planned to be built there in 2025. Last September at the IAA Munich Mobility auto show, the automaker unveiled its Vision Neue Klasse concept , which it is currently testing and fine-tuning.

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China’s Chery to set up shop in Europe

Baua Electric

Still, while Europe certainly doesn’t need ICE vehicles from China, Chinese EV expansion is well on its way, with BYD pushing international growth with its plans to build an EV factory in Hungary, and other automakers are looking to set up production in Europe as well. FTC: We use income earning auto affiliate links.

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

Baua Electric

Image: BASF Wind and solar generated more electricity than fossil fuels in the EU during the first six months of 2024 for the first time ever in a half-year period. New analysis from independent energy think tank Ember reveals that wind and solar grew to an all-time high of 30% of the EU’s electricity in the first half of 2024.

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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. If you’re an electric vehicle owner, charge up your car at home with rooftop solar panels.

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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.

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