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Cheaper EVs are starting to show up in smaller global markets – Charged EVs

Baua Electric

Media coverage of EVs tends to focus on the world’s largest auto markets: North America, Europe and Asia. Chinese automakers, which now have a range of lower-priced EVs to sell, are heavily targeting these markets. BYD is not the only Chinese automaker targeting developing markets. The JAC E10X sports a 31.4

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Tesla expands into the Philippines, starts hiring

Baua Electric

From the introduction of the Roadster to the Model Y, Tesla had a rapid global expansion into many new markets, but as it coverage expanded globally, its launches in new markets have greatly slowed down. The automaker has yet to launch primarily in Africa and South America, and it has yet to establish a presence in a few Asian markets.

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Volkswagen picks up pace of transformation with new ACCELERATE strategy

Green Car Congress

Volkswagen thus aims to generate additional revenue over the service life of the vehicle through charging and energy services, through software-based functions that customers can reserve as needed, or through automated driving. In South America and the United States, Volkswagen is striving to break even in the current fiscal year.

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BYD gets the green light for EV plant in Turkey despite ‘risks’ overseas

Baua Electric

China’s largest EV maker, BYD , is charging ahead with its plans to open a new plant in Turkey. 2024 (Source: BYD) With the US and Europe imposing higher tariffs on EVs imported from China, Chinese automakers are investing in Thailand, Southeast Asia, and South America. BYD’s new EV plant in Thailand opened on July 4.

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China realizes charging piles, complete vehicles and accessories to go overseas

Setec Powerr

Demand for charging piles soars. With the rapid development of new energy vehicles, the demand for charging piles by car owners has also increased rapidly. The cross-border index shows that the global search index for new energy charging piles has been rising year by year since 2017, especially since 2020.

China 52
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BYD plots another overseas EV plant: Here’s why that could be a bigger deal than you think

Baua Electric

China’s leading automaker, BYD , is reportedly planning to build yet another EV factory overseas as it looks to take on new global markets. Although BYD briefly surpassed Tesla in late 2023 to become the largest global EV maker, Tesla quickly took back the title in 2024 and has held it ever since. By 2040, that number rises to 90%.

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Sodium-ion batteries are set to spark a renewable energy revolution – and Australia must be ready – ET Auto

Baua Electric

Some types of lithium mining require a lot of water and energy and have led to local pollution, such as in South America’s alpine lakes. The technology involves the movement of sodium ions between positive and negative poles, which creates a charge. Solar and wind are clearly now the cheapest form of electricity.

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