Baua Electric

JULY 30, 2024

Toyota’s electrified vehicle lineup (RZ, RX, NX, UX300e) (Source: Toyota) Toyota sales hit in 1H 2024 with BYD’s EV price cuts Toyota’s sales are down by double-digits through the first half of 2024 in China (-10.8%), Indonesia (-10%), and Thailand (-15%). BYD also recently launched its first electric MPV in Indonesia.

BYD 52

BYD Chinese Toyota Price 52

Baua Electric

JULY 18, 2024

Moreover, the company holds 50% of the domestic market share for nickel sulphate, which it hopes to increase by signing a long-term contract for nickel sulphate supply with a South Korean EV battery manufacturer. For plug-in hybrids (PHEVs), average nickel use was up 11% year-over-year to 6.5 kilograms per vehicle.

Li-ion 52

Li-ion Auto Indonesia Lithium Ion 52

Baua Electric

MAY 7, 2024

Chinese car makers can undercut rivals in Europe because their production costs are heavily subsidised. At the start of 2023, PHEV subsidies were phased out, resulting in lower PHEV sales compared to 2022, and in December 2023, all EV subsidies ended after a ruling on the Climate and Transformation Fund. China exported over 1.2

Costa Rica 52

Costa Rica Cars Brazil Thailand 52

Baua Electric

JULY 20, 2023

Certainly one of our readers despatched me an e-mail asking how it’s imaginable that some 2-year-old Chinese language firms have already got 3 unutilized EVs at the street (Zeekr) or {that a} unutilized maker can create 7 unutilized fashions and seven facelifts in 5 years (Nio). They create PHEVs and in addition ICEs.

Chinese 40

Chinese Automobile BYD China 40

Baua Electric

SEPTEMBER 5, 2024

This meant that battery-electric vehicles (BEVs) and plug-in hybrids (PHEVs) made up 43% of the market. BEVs made up just under 14% of registrations independently, while PHEVs seemed to struggle more with local headwinds. The Nissan Sakura led BEV registrations, while the Toyota Crown Sport Crossover commanded the PHEV segment.

Market 52

Market United Arab Emirates BYD Plug-in 52