Baua Electric

DECEMBER 16, 2024

Chinese EV automaker Build Your Dreams (BYD) continues demonstrating why it should be a name on your radar. The veteran company announced a significant milestone this month, sharing that its largest EV production facility in China has produced one million BYD vehicles this year for the first time ever.

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Baua Electric

MARCH 29, 2024

The company announced Friday its investment will create a significant number of jobs while bringing advanced EV manufacturing tech to the region. BYD Atto 3 production (Source: BYD) After beginning production at its Uzbekistan plant in January, BYD is building new facilities in Hungary and Brazil as it expands the brand overseas.

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Thailand BYD Production Uzbekistan 52

Baua Electric

MAY 7, 2024

Chinese car makers can undercut rivals in Europe because their production costs are heavily subsidised. New subsidies, including for domestic battery manufacturing, and lower import and excise taxes, combined with the growing presence of Chinese carmakers, have contributed to rapidly increasing sales. China exported over 1.2

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Baua Electric

MARCH 4, 2024

We EV pundits have been writing about the rise of the Chinese EV industry for years. In recent weeks, the mainstream press has picked up on the story—many articles describe the coming wave of Chinese exports in apocalyptic terms. The company now has enough production capacity in China to manufacture four million cars per year.

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