EV Central

FEBRUARY 8, 2024

Hyundai is set to embark on an experiment that will see it radically slash the cost of its cheapest EV in Europe when its new Hyundai Casper arrives before the end of this year. Sales will then kick-off before the end of this year at a rock-bottom price. Read more: An electric Hyundai Casper? Just build it!

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Baua Electric

AUGUST 28, 2024

Despite aggressive discounts on its electric cars in China, BYD’s bottom line nearly doubled in the second quarter compared to Q1 2024. BYD credited the Q2 profit surge to rebounding vehicle sales, which reached a new record. BYD record vehicle sales lead to higher Q2 profits BYD announced net income reached RMB 9.06

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Baua Electric

AUGUST 23, 2024

China’s leading EV maker, BYD , sold more vehicles than Honda and Nissan for the first time in the second quarter. BYD is now the world’s seventh-largest automaker. With low-cost EVs hitting key global markets, BYD is quickly catching up to Ford. BYD continues slashing prices while releasing lower-cost EV models.

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EV Central

SEPTEMBER 1, 2024

The plug-in hybrid 2025 BYD Shark, complete with 100km of electric-only range, is set to cause an upset among established utes following reports it will be priced at $68,000 before on-roads. The equivalent Toyota, meanwhile, is even more expensive priced at $71,530 (plus ORCs). litre turbo kicks out around 170kW.

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Electrek

JULY 19, 2024

In the latest addition to BYD’s seemingly ever-expanding EV lineup, the new Yuan Up model gets up to nearly 250 miles (401 km) CLTC range. Although the new model costs slightly more than the entry-level trim, starting prices are still under $14,000.

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Baua Electric

SEPTEMBER 17, 2024

A new low-cost electric car is rolling out to global markets, and it’s not from China. After unveiling the VF 3 in January, VinFast’s mini electric SUV instantly became a hit in its home market and across the internet. The promo price was for the battery subscription model.

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Baua Electric

JUNE 17, 2024

A new electric SUV is primed to take on BYD and Tesla in China. GM’s joint venture, SAIC-GM-Wuling , unveiled the first teaser images of its new Starlight S electric SUV Monday. GM’s Wuling previews new electric SUV The new electric SUV is the second model under the Wuling Silver Label.

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Baua Electric

JUNE 3, 2024

China’s leading EV maker, BYD , nearly reached a new sales record in May after aggressive price cuts took effect. BYD posted its second-highest sales last month as new energy vehicle (NEV) sales continued picking up. With 331,817 NEVs (EVs and PHEVs) sold last month, BYD is closing in on its all-time sales record.

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EV Central

JULY 18, 2024

When Smart returns to Australia this September, the brand’s Smart #1 and Smart #3 vehicles will be priced below both the BMW iX1 and Volvo EX30 with which it has much in common. The Chinese-made Smart #1 small SUV will be priced from $54,900 plus on-roads, while the slightly larger and sleeker Smart #3 starts from $57,900 (plus ORCs).

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EV Central

JULY 10, 2023

GWM has joined the electric vehicle price fight, slashing the price of its Ora battery electric small car by $4000 to reset it below the magic $40,000 mark. The new $39,990 price for the Ora Standard Range pitches it head-to-head with the $38,890 BYD Dolphin and the $39,990 MG4 Excite 51 , as China’s EV price war heats up.

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Baua Electric

JANUARY 12, 2024

BYD is significantly lowering EV prices in Germany to extend its global lead. The automaker slashed prices by up to 15% on its most popular EVs. BYD cuts EV prices in Germany in overseas expansion After overtaking Tesla in EV sales in the last three months of 2023, BYD aims to extend its lead in key markets.

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Baua Electric

APRIL 4, 2024

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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Teslarati

NOVEMBER 20, 2023

Berkshire Hathaway-backed Chinese automaker BYD has unveiled its latest electric vehicle (EV), the Sea Lion 07, expected to take on the Tesla Model Y in the world’s largest auto market. Since its launch, analysts have been quick to note the Sea Lion 07’s potential challenge to the electric SUV segment leader, the Tesla Model Y.

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Baua Electric

SEPTEMBER 13, 2024

China’s BYD now has the world’s largest R&D workforce of any automaker after its latest hiring spree. With over 900,000 employees, BYD aims to continue climbing the global sales charts as it advances new tech to promote longer-range, more affordable EVs. BYD sold 980,000 vehicles in Q2, representing a 40% jump from last year.

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Baua Electric

SEPTEMBER 17, 2024

Even with the new 100% tariff on electric vehicles imported from China, BYD would still have the cheapest EV in the US. According to a new report, BYD’s lowest-priced EV would still undercut all US automakers at under $25,000. However, BYD has been building its supply chain for much longer.

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Baua Electric

APRIL 8, 2024

BYD is expected to launch its next-gen Blade EV battery later this year. The battery will promote more range at an even lower cost. Will the new battery be BYD’s X-factor in its “liberation battle” over gas-powered vehicles? The batteries are a major reason behind BYD’s success.

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EV Central

MAY 8, 2023

The hotly anticipated MG4 all-electric hatchback will be priced from $44,990 in Australia when it arrives around August or September 2023. However, the MG4 appears to be arriving in Australia with a price premium compared with other parts of the world, including Europe. It is priced from $47,990 plus on-road costs.

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Baua Electric

MARCH 13, 2024

Nissan and Honda are considering teaming up to introduce more affordable EVs to compete with Chinese automakers like BYD. The aim is to reduce EV prices as the automakers look to Chinese automakers with low-cost models like BYD. Will a partnership with Nissan to lower EV prices be any different?

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Baua Electric

JANUARY 17, 2024

The 2024 Model Y (Source: Tesla) Telsa has now joined Volkswagen and BYD in slashing the prices of its vehicles in Germany after the government ended EV incentives, according to Automotive News Europe. But compared to BYD’s drastic 15% cuts, Tesla is taking a more measured approach. However, Tesla lost its No. Get started here.

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EV Central

FEBRUARY 13, 2024

Kia already has the EV6 and EV9 on-sale in Australia – as well as the Niro – and will follow up with the EV5 medium SUV mid-year and the EV3 compact SUV as soon as 2024 and the EV4 sedan in 2025. However, Rivero teased a silver lining – a yet-to-be announced EV that could fit the bill as a price leader for Kia Australia.

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Baua Electric

MARCH 19, 2024

last week in China, BYD’s CEO Wang Chuanfu said at this rate, 50% NEV share could happen in the next three months. BYD chairman predicts 50% NEV share in China sooner “The penetration rate of NEVs crossed 48.2 BYD Atto 3 (Source: BYD) After dominating their domestic market, Chinese NEVs are now expanding overseas.

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EV Central

APRIL 4, 2024

Chinese car-making giant BYD has released its first official pictures of the all-new mid-size ute that will challenge the best-selling Toyota HiLux and Ford Ranger when it lands in Australia later this year. When it arrives it will also meet the demands of Aussie ute buyers, say BYD’s local bosses. BYD Ute in official spy shots.

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CN EV Post

APRIL 26, 2023

BYD has officially launched the Seagull with a starting price of just RMB 73,800, after starting pre-sales of the Yangwang U8, which costs over RMB 1 million, last week. The car is available in three versions with starting prices of RMB 73,800, RMB 78,800 and RMB 89,800 respectively. kWh and 38.88

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Baua Electric

JULY 17, 2024

Volkswagen launched its new ID.UNYX electric SUV in China on Wednesday. Starting under $30,000, VW’s new electric SUV is set to compete against top-selling EVs in an intensifying market. The electric SUV is the first to wear the golden logo from its new sub-brand as VW looks to take on BYD and Tesla in the world’s largest EV market.

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EV Central

SEPTEMBER 23, 2024

Announcing that the entry-level MG4 Excite 51 will now be priced from just $30,990 drive-away nationwide, the latest flash sale sees buyers pocket savings of between $8262 and $10,425, depending on the state. 2024 MG4 gets prices slashed to $30,990 drive-away – but only for a limited time appeared first on EV Central.

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Baua Electric

JUNE 20, 2024

China’s leading EV maker, BYD , just hit another major milestone. The BYD Yuan family surpassed 1 million in sales this week, becoming its latest brand to cross the threshold. BYD Yuan family tops 1 million in sales BYD has been on a roll as it expands the brand into new territory. of total sales. last year to 76.6%

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Baua Electric

JANUARY 30, 2024

Nissan plans to produce lithium iron phosphate (LFP) batteries as it looks to lower EV prices. The move will put it in direct competition with BYD , the leading LFP battery maker. BYD’s Blade Battery is equipped on EVs being sold globally. The electric BYD Seal with BYD Blade has claimed range of up to 435 miles (700 km).

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Teslarati

MARCH 14, 2023

The Tesla Model Y was the best-selling premium SUV in China last month. The BYD Tang DM followed Tesla with 10,783 units sold. Tesla dominated NEV sales for models priced between RMB 200,000 ($29,138.80) and RMB 300,000 ($437,08.20). It costs between RMB 205,911 ($30,000) to RMB 274,548 ($40,000).

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EV Central

SEPTEMBER 29, 2023

Hyundai Australia says it has electric vehicles in its pipeline that will help lower the price gap between it and models like the MG4, BYD Dolphin and GWM Ora as it vows to retake its leadership position in the EV space. Are the costs of raw materials dropping? Are the costs of batteries dropping?

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EV Central

AUGUST 22, 2022

The newly-named BYD Automotive has announced its service network and pricing for the Atto 3 electric SUV that has just started being delivered to Australian customers. READ MORE: BYD electric hatchback set to become Australia’s cheapest EV. Still, at least there’s visibility on the cost of servicing. to $661.32.

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EV Central

AUGUST 22, 2022

The newly-named BYD Automotive has announced its service network and pricing for the Atto 3 electric SUV that has just started being delivered to Australian customers. READ MORE: BYD electric hatchback set to become Australia’s cheapest EV. Still, at least there’s visibility on the cost of servicing. to $661.32.

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EV Central

MAY 15, 2024

The expansion by BYD in Australia from pure electric vehicles into CO2-emitting internal combustion engined plug-ins led by the Sealion 6 SUV will not trigger a major backlash from the Chinese company’s growing band of existing EV owners or put off potential EV buyers. The passion of the BYD owners is immense,” he added.

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Baua Electric

JANUARY 17, 2024

The 2024 Model Y (Source: Tesla) Tesla has slashed the prices of its Model Y across Europe this morning, after it reduced prices of its Model 3 and Model Y prices in China to undercut BYD, according to CNBC. In Germany, Tesla reduced the price of its Model Y Long Range by €5,000 to €49,990 ($54,340), a discount of 9%.

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EV Central

JUNE 10, 2024

Hyundai has revealed its new sub-compact electric SUV will be called Inster, with promised range up to 355km on the WLTP test cycle. Unconfirmed but likely to arrive in Australia next year, the Inster would shake up our entry-level EV market if it lands with an expected price around $35,000, possibly lower.

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Baua Electric

MARCH 18, 2024

Ford is developing a new low-cost EV platform to power a small electric pickup and SUV, with starting prices around $25,000. However, due to the pivot, plans for its three-row electric SUV have been put on the back burner. It will rival the low-cost EV Tesla is working on.

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Baua Electric

APRIL 26, 2024

China’s BYD is unleashing a series of new electric vehicles as it expands the brand globally. BYD unveiled two new EVs at the Beijing Auto Show: a sleek Ocean-M electric hatch and the Denza Z9 GT EV. After declaring a “liberation battle” against gas-powered vehicles earlier this year, BYD has been on an EV release spree.

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Teslarati

FEBRUARY 14, 2023

FinDreams Technology, the battery subsidiary of BYD, has filed paperwork to establish a new battery production facility in Central China. BYD has seen rapid growth in its automotive business over the past two years. Just last year, BYD tripled its annual vehicle sales, with the vast majority of those being sold in China.

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