Baua Electric

NOVEMBER 13, 2024

BYD officially announced plans to launch in South Korea with its low-cost EVs poised to challenge Hyundai and Kia on their home turf. BYD confirmed plans to enter South Korea this week, a market dominated by domestic automakers, including Hyundai and Kia. The low-cost electric SUV starts at just $30,700 (42.08

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Baua Electric

OCTOBER 29, 2024

Is BYD bringing its cheapest EV to another overseas market? BYD will officially launch an electric car even smaller than the Dolphin in Australia, hinting it could be the low-cost Seagull EV. BYD is known for its extremely affordable electric cars. kWh BYD Blade Battery options in China. kWh and 38.88

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Baua Electric

OCTOBER 11, 2024

Although BYD was already the best-selling brand in China, it reached an even more significant milestone last month. After overtaking SAIC, BYD is now China’s largest auto group. Last month, BYD hit an even more significant milestone. Last month, BYD hit an even more significant milestone.

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Baua Electric

AUGUST 15, 2024

Ford is doubling down on plans to launch low-cost EVs after showing dealers several new renderings. The latest images revealed electric sedans, crossover SUVs, and pickups that could hit the market to challenge Tesla and Chinese EV leaders like BYD. Ford looks to match Chinese OEMs and Tesla with low-cost EVs.

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Baua Electric

SEPTEMBER 20, 2024

The new low-cost electric SUV is crucial as NIO takes aim at market leaders like Tesla and BYD. NIO’s new low-cost electric SUV shines in debut On Thursday, NIO launched the Onvo L60 , officially kicking off its new mass-market brand. platform, offering higher performance at a lower cost.

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EV Central

OCTOBER 10, 2024

The all-new mid-sized SUV will be priced from $56,770 drive-away (or $57,770 drive-away in Western Australia), which is about $4000 less than the Model Y (prices vary from state to state). READ MORE: Kia EV5 detailed: Is this the electric SUV that could take on Tesla? The bZ4X is priced from $66,000 plus on-road costs.

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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. China’s BYD currently dominates the market, with a 66% share of EV sales YTD in 2024. kWh or 60.48

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Baua Electric

JULY 30, 2024

CEO Jim Farley emphasized Ford’s (not-so-secret) low-cost EV platform is progressing in Long Beach as former Tesla, Rivian, Lucid, and Apple execs aim to develop some of the world’s most efficient electric cars. As the American automaker struggles to stay afloat in Europe, low-cost EVs could be Ford’s savior.

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Baua Electric

SEPTEMBER 25, 2024

Volvo has no plans to challenge low-cost EVs in China as the ongoing price war intensifies. The EX30, Volvo’s cheapest EV, starts at around $28,000 (200,800 yuan), but that’s as low as the company will go. The smaller electric SUV was already the second best-selling EV in Europe last month, behind Tesla’s Model Y.

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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

DECEMBER 5, 2024

BYD secured a new deal with the Japanese government to use its EVs as mobile power sources. BYD launched its first EV, the Atto 3, in Japan in early 2023, starting at about $30,000 (4.4 The low-cost Dolphin EV joined its lineup last year. BYD is now the number 14 on Japan’s import ranking, up from 19 last year.

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Baua Electric

FEBRUARY 29, 2024

The urgency is growing as European automakers are being far outdistanced by BYD and Tesla , the latter of which sells more EVs in Europe than any other brand. The company said it could then apply these same measures to its other EVs, including the newly launched Renault 5 and the upcoming Renault 4 small SUV. Get started here.

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Baua Electric

MARCH 19, 2024

US chip-making giant NVIDIA is expanding ties with several Chinese automakers, including BYD , as the race for the best software and features heats up. BYD will use NVIDIA’s Drive Thor to power its next-gen EV fleet. Building upon its existing collaborations, BYD is going from the car to the cloud.

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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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Teslarati

JULY 21, 2021

“We highlight Tesla, BYD, VW, and Toyota as companies we expect to capitalize on this electrification mega trend,” noted Goldman Sachs. . Besides Europe, Goldman Sachs also raised its EV outlook for China, given its strong new energy vehicle sales and the spread of low-priced lithium iron phosphate (LFP) batteries.

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Baua Electric

JANUARY 12, 2024

BYD is significantly lowering EV prices in Germany to extend its global lead. 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. Most recently, BYD cut prices in Germany, Volkswagen, BMW, and Porsche’s home turf.

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Baua Electric

MARCH 29, 2024

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.

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Baua Electric

DECEMBER 9, 2024

Toyota wants a bigger share of the worlds largest EV market with a new low-cost EV rolling out. Now available for pre-orders in China, the Toyota bZ3X electric SUV starts at just $13,800 (100,000 yuan). The bZ3X electric SUV was unveiled at the 2024 Beijing Auto Show alongside the bZ3C sedan. Intelligent Driving System.

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Baua Electric

APRIL 24, 2024

Another fully electric BYD vehicle is set to debut this week. Ahead of its official reveal, BYD is teasing the upcoming Ocean-M electric car, which will be based on its new EV platform. BYD previews new Ocean-M EV ahead of its debut BYD is on a roll lately. compared to last year as BYD expands into new markets.

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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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Baua Electric

SEPTEMBER 25, 2024

On Wednesday, BYD launched t hree of its top-selling EVs, the Dolphin, Seal, and Atto 3, in Kenya. BYD’s new partnership is another significant milestone as it takes on new markets. BYD’s Atto 3 electric SUV stole the show. The deal makes Loxea the sole distributor of BYD electric vehicles in Kenya.

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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

JULY 16, 2024

Can BYD compete with Toyota on its home turf? According to the latest sales data, BYD accounted for nearly 3% of Japan’s EV market in the first half of 2024. BYD launched its first EV, the Atto 3, in Japan in January 2023. BYD led the charge in Japan as EV sales continued climbing. million, or around $33,100.

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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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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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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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Baua Electric

NOVEMBER 21, 2024

China’s EV giant BYD is aggressively expanding overseas. As it finalizes plans for yet another EV manufacturing plant, this time in Cambodia, BYD will set up shop next to newly opened Ford and Toyota facilities. BYD’s impressive growth streak is not slowing down.

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Baua Electric

NOVEMBER 4, 2024

BYD went on a hiring spree over the past few months as sales and profits reached new levels. million new energy vehicles (EVs and PHEVs) in the third quarter, BYD’s net income surged to $1.6 As vehicle sales continue gaining momentum in China and overseas, BYD went on a major hiring spree to help fuel the expansion. billion).

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Baua Electric

AUGUST 26, 2024

The move comes just as China’s largest EV maker, BYD , prepares to enter Canada. The sanctions mirror similar moves from the US and Europe to “protect domestic manufacturing” from the threat of low-cost EVs from China. Tesla and BYD were among the companies with rate drops. BYD’s rate was cut from 17.4% to just 9%.

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Baua Electric

DECEMBER 16, 2024

BYDs cheapest EV model, the Seagull, outsold every car in China last month, even gas-powered models. Starting at around $10,000, over 56,000 BYD Seagull EV models were sold in November alone. With sales surging, the low-cost EV took back the best-selling car title from the Tesla Model Y in China last month. kWh or 38.88

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Baua Electric

OCTOBER 31, 2024

BYD’s new luxury electric sedan, the Denza Z9, will hit the market next month. Ahead of its November 15 debut, BYD released the first look at the interior of its new luxury EV. BYD Denza Z9 GT (Source: Denza) BYD’s new luxury EV will be offered in all-electric and PHEV variants. However, BYD’s figures do include PHEVs.

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Baua Electric

MARCH 6, 2024

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. The Korean automaker is also seeing early success with its first three-row electric SUV , the EV9. Once up and running, BYD aims to produce 150,000 EVs a year.

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Baua Electric

JUNE 4, 2024

China’s leading EV maker, BYD , is quickly gaining ground in overseas markets. BYD opened its first store in the Caribbean as its global expansion heats up. After setting a new weekly sales record in early May, BYD nearly topped its all-time sales record last month. Of them, nearly 146,400 were fully electric.

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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. The partnership could include a new EV platform.

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Baua Electric

NOVEMBER 11, 2024

Toyota wants to make “even better cars” while ramping output to keep pace with domestic leaders like BYD. Nonetheless, Toyota wants to revamp its business in China after losing significant market share to domestic leaders like BYD. For example, BYD’s cheapest EV , the Seagull, starts at under $10,000 (69,800 yuan) in China.

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Baua Electric

MARCH 28, 2024

Global EV leader BYD believes new energy vehicles, including EVs and PHEVs, have entered the “knockout round” with gas-powered cars. BYD plans to more than double its overseas sales this year, as it aims for one million in 2025. We reported earlier this month that BYD looks to crush gas-powered car sales with its newest platform.

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Baua Electric

APRIL 22, 2024

BYD is launching its first electric pickup soon after confirming it will go by the name “Shark” in its latest teaser, revealing a Ford F-150 Lightning look up front. We’ve been waiting for BYD’s electric pickup for about two years after rumors swirled out of local media reports in 2022. The electric truck we’ve been waiting for?

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