Remove China Remove Industrial Remove Manufacturer Remove Uzbekistan
article thumbnail

BYD makes brand debut in Uzbekistan, starts local pre-sales of 3 models

CN EV Post

BYD held a brand debut and product pre-sale event in Uzbekistan on March 16, and several of its local dealership stores are set to open this month, according to a press release Friday. It is worth noting that BYD has already made some previous moves to pave the way for its long-term growth in Uzbekistan.

article thumbnail

BYD aims to start vehicle production at Thailand EV plant in Q3 2024

Teslarati

The company’s Thailand investment is expected to bring advanced manufacturing technology, industrial development, and a significant number of jobs in the country, as noted in a CNEV Post report. This was the first time that all of BYD’s brands were brought together at an automotive show outside of China. million units.

Thailand 103
article thumbnail

Mercedes CEO Says Brand Sticking With China for the Long Haul

The Truth About Cars

Mercedes-Benz CEO Ola Kallenius has told the German media that the brand has no intention of cutting ties with China, saying such a move would be unwise for the whole of Germany industry.& and China, are so closely intertwined that decoupling from China makes no sense," he was quoted as saying in Bild am Sonntag.

article thumbnail

BYD to kick off EV production at new Thailand plant in Q3 as overseas expansion accelerates

Baua Electric

The company announced Friday its investment will create a significant number of jobs while bringing advanced EV manufacturing tech to the region. The automaker solidified its commitment to the region as Thailand works toward its goal of having 30% of vehicles manufactured in the country to be electric.

article thumbnail

Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

In 2023, just under 60% of new electric car registrations were in the China, just under 25% in Europe, and 10% in the United States – corresponding to nearly 95% of global electric car sales combined. China exported over 1.2 million EVs in 2023 In China, the number of new electric car sales reached 8.1 China exported over 1.2

article thumbnail

China’s EV brands are coming to bury US automakers—or are they? – Charged EVs

Baua Electric

We EV pundits have been writing about the rise of the Chinese EV industry for years. The Chinese carmakers are the first real competition that the global car industry has faced in decades, and American companies must be exposed to some of that threat, for their own good. Its cheapest models go for a little over $11,000.