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Kia mulls EV plant in Thailand to take on Toyota and BYD with affordable electric cars

Baua Electric

Can Kia challenge Toyota, which has dominated the market in Thailand, with affordable EVs? Chinese automakers like BYD are already stealing market share, but Kia is in talks over a new EV plant in Thailand that could help position itself as an early leader. FTC: We use income earning auto affiliate links.

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BYD to kick off EV production at new Thailand plant in Q3 as overseas expansion accelerates

Baua Electric

Leading EV maker BYD is quickly expanding overseas after dominating its home market. BYD is now set to begin production at its new EV plant in Thailand in the third quarter as it looks to accelerate overseas sales. BYD was Thailand’s best-selling EV maker last year. Its first low-cost EVs will be a smaller pickup and SUV.

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2024 Isuzu MU-X facelift launched in Thailand with sportier look, more features

Baua Electric

By: HT Auto Desk | Updated on: 14 Jun 2024, 16:19 PM The new-generation Isuzu MU-X went on sale in 2020 and the latest update brings a comprehensive set of changes to the model over its predecessor. India, however, still gets the previous generation of the SUV. The model has a market share of 34.6 The base trims get the 1.9-litre

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Kia set to export this all-electric SUV at a price that undercuts Tesla

Baua Electric

South Korean automaker Kia has started production on its all-electric EV5 SUV for export in China, with the first markets targeted being Thailand and Australia, with Australia’s price expected to undercut Tesla’s Model Y. Kia’s top seller in Australia is the Sportage hybrid SUV with around 15,000 sales.

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Polestar (PSNY) is expanding its retail and sales footprint, will enter seven new markets in 2025

Baua Electric

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. That initial SUV will be followed by a more compact model called the Polestar 4 and a sports sedan called the 5. FTC: We use income earning auto affiliate links.

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BYD launches popular Dolphin, Seal, and Atto 3 EVs in Kenya with local Toyota dealer

Baua Electric

BYD’s new partnership is another significant milestone as it takes on new markets. BYD’s Atto 3 electric SUV stole the show. Loxea, a branch of CFAO Mobility , launched BYD’s electric SUV (Atto 3), sedan (Seal), and hatch (Dolphin). FTC: We use income earning auto affiliate links.

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Toyota sales slide as aggressive price cuts by BYD, Chinese EV makers take effect

Baua Electric

Toyota’s global sales fell over 5% last month, partly driven by the impact of BYD’s price cuts in key markets like China, Southeast Asia, and even Japan. Despite growth in Europe (+2.7%) and Latin America (+6.5%) last month, Toyota’s sales were hit hard in Asia, its biggest market. from June 2023. Last month, Toyota’s sales fell 7.2%

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