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Tesla Model Y and BYD Atto 3 lead the way as Chinese-built electric vehicle sales soar in Australia

EV Central

Hybrid mainstay Toyota remains the top-selling brand in Australia head of Mazda and Ford. It is also a big reason the popularity of Chinese-made cars is exploding in Australia, as both the Model 3 and Model Y are made in Shanghai. Chinese cars sit number three behind Japan and Thailand in terms of popularity in Australia.

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Look out LandCruiser, Patrol, Range Rover, Benz, BMW: Huge, powerful, pricey BYD Yangwang U8 SUV confirmed for Australia

EV Central

The outrageous BYD Yangwang U8 luxury SUV is headed for Australia. Local BYD importer Luke Todd has confirmed the deal is done and examples of the 880kW heavy duty off-roader could roll into local showrooms as soon as late 2025. 2024 BYD Seal U electric SUV appears as Australian launch looms 2023 Yangwang U8. 2023 Yangwang U8.

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Europe may slap retroactive tariffs on Chinese EVs

Baua Electric

Possible “remedies” on the table include retroactive tariffs on Chinese EVs. Back in October 2023, Europe launched its formal investigation into the Chinese EV industry, as European companies are struggling to compete with the cheap, high-tech Chinese imports, made by low-cost labor, entering the European Union.

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Here’s how China’s BYD is working on its image problem

Baua Electric

BYD is selling millions of EVs, famously outselling Tesla last year, and riding an enormous wave of success. And now, BYD is setting up its BYD-only shop in Germany. It’s a huge challenge for Chinese carmakers to make clear to Europeans that their cars are on par with Tesla, at a better price.”

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Double trouble: Hyundai to target Chinese AND European EVs with sub-$40,000 Inster and $100,000 Ioniq 9

EV Central

If the sub-$40,000 target is attained the Inster will become the first non-Chinese EV to break that pricing barrier. The BYD Dolphin starts at $38,890 plus on-road costs, while the MG ZS EV SUV and MG4 hatch start from $39,990 driveaway. “We haven’t even started having the pricing conversation around the specs.”

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CATL still dominates the EV battery market share in 2024, but BYD is gaining ground

Baua Electric

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. Despite a slow start to 2024 due to the Chinese New Year, BYD saw solid sales growth.

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Genesis to launch hybrids ASAP after it ‘overachieved’ with EVs

Baua Electric

The Korean luxury brand wants to bring hybrids to market as soon as possible. Genesis revealed plans to launch hybrids for “as many models as possible.” Genesis hybrids are coming ASAP Genesis has become a dark horse in the luxury electric vehicle market. However, focusing on hybrid tech, at this point, could set it back.

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