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BloombergNEF annual battery price survey finds prices fell 6% from 2020 to 2021

Green Car Congress

Lithium-ion battery pack prices, which were above $1,200 per kilowatt-hour in 2010, have fallen 89% in real terms to $132/kWh in 2021, according to a new report from BloombergNEF (BNEF). All prices are in real 2021 $, unless stated as nominal.) At the cell level, average BEV prices were just $97/kWh.

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Toyota sales slide as aggressive price cuts by BYD, Chinese EV makers take effect

Baua Electric

Toyota’s global sales fell over 5% last month, partly driven by the impact of BYD’s price cuts in key markets like China, Southeast Asia, and even Japan. Although demand remained strong in North America and Europe, pressure in Japan and China led to fewer sales. The Japanese automaker’s global sales are down 0.9%

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Chinese automakers sweep Western brands out of global markets

Baua Electric

It won’t be news to Charged readers that Chinese automakers have lapped “Western” brands in the EV race. Markets in Asia, South America and Africa may be small compared to North America and Europe, but taken together they add up. Now every Japanese firm is seeing sales shrink. Meanwhile, BYD’s market share has grown to 5%.

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BYD DOLPHIN Goes On Sale In Europe Starting At €29,990

Electric Cars Report

Chinese leading electric vehicle manufacturer BYD announced the market launch of the new pure-electric BYD DOLPHIN in Europe. This all-new C-segment hatchback combines distinctive ‘playful’ design aesthetics with versatility, agility and an abundance of standard equipment, together with BYD’s EV technology.

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Europe may slap retroactive tariffs on Chinese EVs

Baua Electric

After months of investigation, the European Commission says it has found evidence that China has been “unfairly” subsidizing the EVs it exports to Europe. Possible “remedies” on the table include retroactive tariffs on Chinese EVs. But now Europe may enforce its own tariffs. million overall BEV sales. BYD alone sold 1.6

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BYD’s strategy to take over Europe [Feature]

Teslarati

BYD and other Chinese automakers have studied the European auto market for years. BYD’s strategy to take over Europe was recently revealed in a report by Reuters. Below are the strategies BYD and Chinese automakers are implementing to deploy their vehicles in Europe. “In China, the purchase price is important.

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BYD allegedly closing the gap with Tesla with Q2 EV sales

Teslarati

Chinese electric vehicle (EV) automaker is allegedly closing the gap with Tesla after Q2 2024. BYD’s electric vehicle (EV) sales increased 21% in the second quarter. The Chinese EV automaker sold around 426,039 electric vehicles between April and June. The BYD Shark’s starting price is $53,400.

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