Baua Electric

OCTOBER 14, 2024

Mexico is done importing cheap EVs from China and India as it plows ahead with a prototype of its own. Although Tesla officially paused plans for its Gigafactory Mexico until after the US electric in November, the country will still build EVs domestically. The country already has several prototypes. “We

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Baua Electric

JUNE 21, 2024

BYD is closing in on a deal for an EV plant in Mexico, which is expected to be among the biggest in the region. Zou explained that Mexico is a key market with great potential. BYD Dolphin (left) and Atto 3 (right) Source: BYD Mexico is quickly becoming a hot spot for EV investments. Kia revealed it will build EVs in the region.

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Baua Electric

OCTOBER 29, 2024

BYD will officially launch an electric car even smaller than the Dolphin in Australia, hinting it could be the low-cost Seagull EV. BYD’s Seagull, known as the Dolphin Mini, is already rolling out in key markets like Mexico and Brazil. FTC: We use income earning auto affiliate links.

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Baua Electric

SEPTEMBER 11, 2024

The EV3 is the first of Kia’s new low-cost EV lineup as it looks to challenge industry leaders. Kia EV3 GT-Line (Source: Kia) With plans to build the EV3 at its Monterey plant in Mexico by the end of 2024, Kia could take advantage of the federal EV tax credit, enabling even lower starting prices.

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Green Car Congress

APRIL 15, 2009

At the New York International Auto Show, Chrysler LLC introduced the first of an all-new line of V-6 engines intended to improve fuel efficiency across the Chrysler, Jeep and Dodge lineup by 8% on average compared with previous Chrysler V-6 engines. Low cost of ownership was an initial design requirement for the engine.

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Baua Electric

JULY 30, 2024

BYD is already making its presence known in the North American EV market with a growing presence in Mexico. The Chinese EV maker delivered its first batch of 100 Yuan Plus models in Mexico last June. BYD Shark launch event in Mexico (Source: BYD) BYD is closing in on a deal to build a plant in Mexico , where the pickup will be built.

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Green Car Congress

JUNE 14, 2010

Well, America’s auto industry delivered over 100,000. And no one asked what it would cost. It helps that the auto industry will be building more efficient new vehicles. While we’re fixing vehicles, we can also equip them with low-cost real-time MPG indicators that show us how to save money and still get to places quickly.

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Baua Electric

AUGUST 26, 2024

The sanctions mirror similar moves from the US and Europe to “protect domestic manufacturing” from the threat of low-cost EVs from China. BYD is already a leading EV brand in Mexico, but entering Canada could shake up the North American auto market. In May, BYD revealed its first pickup truck , the Shark PHEV, in Mexico.

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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 ($42.2

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Baua Electric

SEPTEMBER 3, 2024

Kia’s new low-cost EV is already making an impact. The low-cost electric SUV has already been spotted testing in California ahead of its official debut ( see the video here ). Kia is also expected to build the EV3 in Mexico to take advantage of the US tax credit. FTC: We use income earning auto affiliate links.

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Baua Electric

OCTOBER 28, 2024

With new low-cost Chinese flooding global markets, Ford CEO Jim Farley vows its new mid-size electric pickup is a “game changer.” Ford’s leader took a jab at BYD, vowing the company’s new electric pickup will match the costs of Chinese automakers building in Mexico. FTC: We use income earning auto affiliate links.

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Baua Electric

SEPTEMBER 18, 2024

It’s roughly the same in Mexico at 358,800 pesos, or around $19,000. Even Ford’s CEO Jim Farley called the Seagull a “pretty damn good” car, warning rivals of BYD’s low-cost EV. However, that won’t stop the Chinese auto giant from taking market share in other markets like Mexico, Southeast Asia, Europe, and possibly Canada.

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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. The Seal is BYD’s answer to the Tesla Model 3, while the Atto 3 is a low-cost electric SUV. 14 on Japan’s auto importer list. BYD launched its first EV, the Atto 3, in Japan in January 2023.

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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. EnergyLab is launching a new skills development program early next year to prepare the Cambodian workforce for the auto industry’s shift to EVs. Will BYD overtake Ford in the global auto ranks?

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Baua Electric

SEPTEMBER 26, 2024

Low-cost EVs from China are flooding global markets, causing the US, Canada, and the EU to tack on significant tariffs on imports. Chinese automakers like BYD are quickly gaining market share in other global markets, such as Thailand, Singapore, Turkey, Brazil, and Mexico. FTC: We use income earning auto affiliate links.

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Baua Electric

OCTOBER 25, 2024

After charging up third-quarter sales, Kia plans to ramp up output of its new low-cost EV3 model. The company already calls the low-cost EV a “game changer” in Korea. According to TheKoreanCarBlog , Kia is expected to begin EV3 production in Mexico by the end of the year. from last year. million) $29,200 (KRW 39.95

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Baua Electric

JUNE 20, 2024

As the first EV built for overseas markets, BYD’s Yuan Plus (Atto 3) has quickly become a best-seller in key markets like Europe, Australia , Thailand, Brazil, Mexico, and others. Source: CnEVPost , BYD FTC: We use income earning auto affiliate links. In September, the 500,000th Yuan Plus rolled off BYD’s assembly line.

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Baua Electric

JUNE 4, 2024

In Mexico, it starts at $19,780 (358,800 pesos). Despite potential tariffs, BYD still expects the low-cost EV to start at less than 20,000 euros ($21,500), still thousands lower than its rivals. BYD Shark launch event (Source: BYD) BYD launched its first pickup last month in Mexico, the Shark PHEV. Powered by a 29.58

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Baua Electric

DECEMBER 31, 2024

Can BYDs low-cost EVs break Hyundais grip in the region? BYD seal in Japan (Source: BYD) BYD will face stiff competition from Hyundai and Kia, which are launching low-cost EVs of their own. Hyundai accounted for over 50% of auto sales in South Korea last year. million won). The same is true of its Atto 3.

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Baua Electric

SEPTEMBER 25, 2024

BYD continues launching EVs in new regions while expanding its lineup in key auto markets, such as Europe, South America, Southeast Asia, and Africa. FTC: We use income earning auto affiliate links. The post BYD launches popular Dolphin, Seal, and Atto 3 EVs in Kenya with local Toyota dealer appeared first on Bauaelectric Auto News.

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Baua Electric

APRIL 1, 2024

However, Mach-E sales were down 20% through the first half of 2023 as Ford retooled its plant in Mexico, where the vehicle is assembled. CEO Jim Farley said the automaker is developing a low-cost EV platform to keep up with Tesla and low-cost Chinese automakers. FTC: We use income earning auto affiliate links.

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Baua Electric

NOVEMBER 14, 2024

At least one new Kia EV model will be revealed at next week’s LA Auto Show. The company expects the momentum to continue with a slate of new models debuting next week at the 2024 LA Auto Show. The company expects the momentum to continue with a slate of new models debuting next week at the 2024 LA Auto Show. million).

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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. BYD is breaking into Japan’s seemingly impenetrable auto industry. Ford is working on a low-cost EV platform with software at its heart. And that’s just one market.

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Baua Electric

JUNE 12, 2024

“And their price is kept artificially low by huge state subsidies,” the EU Commission leader added. According to leading global auto data firm Jato Dynamics , the average retail price of imported Chinese EVs was 29% lower than models produced in Europe (excluding incentives and discounts). The additional tariffs would include: BYD: 17.4%

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Baua Electric

OCTOBER 31, 2024

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. The company opened or plans to open new plants in Thailand, Turkey, Brazil, Mexico, and Hungary to expand its global footprint.

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Baua Electric

SEPTEMBER 13, 2024

BYD Sea Lion 07, the brand’s first “mid-sized urban smart electric SUV” (Source: BYD) With new low-cost, efficient EVs hitting the market, BYD continues to see higher demand. BYD plans to open plants in Turkey, Mexico, Brazil, and Pakistan as it enters new markets.

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Baua Electric

JUNE 18, 2024

BYD SEAL (Source: BYD) BYD to launch low-cost Seal EV to rival Hyundai BYD initiated the sales processing in South Korea, which takes about two to three months to review factors like driving range on a single charge. BYD is expected to launch other low-cost EVs in Korea, including the Dolphin and Atto 3, two of its best-selling models.

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Baua Electric

FEBRUARY 3, 2025

Its low-cost Seagull EV, starting at under $10,000 in China, was the second-best seller, with 41,212 sold last month. 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

JUNE 26, 2024

With another low-cost (under $35K) electric car launching next year, Kia is setting an ambitious goal. With Kia reportedly planning to build the EV3 in Mexico , federal incentives like the EV tax credit could drive prices even lower. Source: TheKoreanCarBlog , ETNews FTC: We use income earning auto affiliate links.

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Baua Electric

MARCH 4, 2024

However, Mach-E sales were down 20% through the first half of 2023 as Ford retooled its Cuatitlan, Mexico plant, where the EV is assembled. Farley said Ford developed a “super talented skunk works team to create a low-cost EV platform.” The move comes as Ford looks to take on low-cost Chinese automakers and Tesla.

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Baua Electric

JUNE 3, 2024

Electrek’s Take BYD’s low-cost EVs are already worrying overseas rivals. BYD unveiled the Shark PHEV pickup in Mexico, which will rival Toyota’s Hilux and the Ford Ranger globally. Source: CnEVPost , BYD FTC: We use income earning auto affiliate links. The long-awaited BYD pickup was also launched last month.

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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

JANUARY 14, 2025

Since then, their share of exports has almost doubled from 17% to 32% The US, Canada, and Mexico accounted for over 55% of Hyundai and Kias total exports last year, followed by Europe at 18.7%. Kias Gwangmyeong EVO Plant, where the low-cost EV3 is built, opened in October 2024. FTC: We use income earning auto affiliate links.

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Baua Electric

OCTOBER 22, 2024

The EV4 concept is part of Kia’s new low-cost electric car lineup, including the EV3 and EV5. According to TheKoreanCarBlog , Kia plans to begin building EV3 models in Mexico by the end of the year. FTC: We use income earning auto affiliate links. The EV4 will follow shortly after. What do you think? What about the EV3?

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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. The EV giant opened its first manufacturing plant in Thailand earlier this year, and more are planned for Hungary, Brazil, Mexico, Pakistan, and Turkey. Can Ford turn things around?

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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. Not only does it build batteries for its vehicles at a low cost, but BYD also sells them to rivals like Tesla, Toyota, and Volkswagen. FTC: We use income earning auto affiliate links.

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Baua Electric

MARCH 21, 2024

The American automaker is developing a new low-cost EV platform to underpin a smaller electric pickup and SUV. Although initial plans called for the EV to be built at Gigafactory Mexico, CEO Elon Musk confirmed it will be built in Texas. Kia is also planning a series of low-cost models.

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