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BYD surges past Honda and Nissan’s sales for the first time, targets Ford with low-cost EVs

Baua Electric

With low-cost EVs hitting key global markets, BYD is quickly catching up to Ford. A big part of BYD’s surging sales numbers is its incredibly affordable electric cars. BYD continues slashing prices while releasing lower-cost EV models. BYD’s growing global presence is symbolic of the auto industry’s shift to electric.

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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries. Converting a significant portion of the fleet to hydrogen would require more DRI plants and more electric furnaces. This would be a major shift in the type of furnaces and fuels used to produce steel.

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BYD launches major hiring spree as record-breaking run heats up

Baua Electric

BYD Seagull (Dolphin Mini) testing in Brazil (Source: BYD) With 1,169,579 all-electric models sold through the first nine months of 2024, BYD is still slightly behind Tesla in the global EV race with 1,293,656 vehicle deliveries. Starting as a battery maker has given BYD a drastic advantage as the industry shifts to electric vehicles.

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Ford CEO says new mid-size electric pickup will match the cost of Chinese EVs like BYD

Baua Electric

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. The combined NEDC range is 822 km (522 mi).

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BNEF report finds hydrogen promising decarbonization pathway, but carbon prices and emissions policies required

Green Car Congress

Hydrogen Economy Outlook , a new and independent global study from research firm BloombergNEF (BNEF), finds that clean hydrogen could be deployed in the decades to come to cut up to 34% of global greenhouse gas emissions from fossil fuels and industry at a manageable cost. Abatement cost with hydrogen at $1/kg (7.4/MMBtu).

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BYD sold over 360,000 Seagull EV models in under a year as its cheapest electric car

Baua Electric

After selling nearly 35,000 Seagull models in March, cumulative sales of BYD’s cheapest electric car topped 360,000. BYD sells over 360,000 units of its cheapest electric car BYD launched the Seagull on April 26, 2023. It was initially available in three trims, starting at $10,200 (RMB 73,800), its cheapest electric car.

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BYD nears huge Mexico EV plant deal with 50,000 sales in sight this year

Baua Electric

BYD began construction on its manufacturing plant in Brazil earlier this year. Sales are surging after launching its cheapest EV in Brazil in March, the $20,000 (99,800 BRL) Seagull (called the Dolphin Mini overseas). BYD led the growth with nearly 15,000 of the total 36,090 EVs sold in Brazil in Q1.

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