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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.

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Report: Ford CEO Says China Strategy Changing

The Truth About Cars

Ford Motor Company is tweaking plans in China and seeking to turn around financial losses after five years of lackluster sales within the region. CEO Jim Farley has reportedly returned from Asia to finalize those plans, which were reiterated during a press call about Ford’s first-quarter earnings held earlier in the week.

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JATO: Global car sales up by 2.8% in Q1 2016 due to SUV boost in China and Europe

Green Car Congress

increase (558,700 more units) on the same period in 2015—largely driven by growth in the Chinese and European markets. The popularity of SUVs in China has been an ongoing source of growth, and the trend continued last quarter, with the country accounting for 36% of total sales in Q1 2016. JATO Dynamics reports that 20.44

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BYD to slash EV prices even more with new platform as it looks to crush ICE car sales

Baua Electric

Although BYD isn’t planning to launch passenger EVs in the US, it is taking market share in key global markets, including Europe, Japan, South America, and Thailand. Ford’s CEO Jim Farley said if you cannot compete with the Chinese , “then 20% to 30% of your revenue is at risk.”

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Move over Toyota, this Japanese electric pickup takes aim at Ford’s F-150 Lightning

Baua Electric

Although Thailand is key, the D-MAX is sold in over 100 countries and regions, including Europe, Asia, The Middle East, and Central and South America. Isuzu’s electric pickup will follow Ford, which delivered its first F-150 Lightning in Norway last month. Electrek’s Take Toyota is missing an opportunity here.

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BYD nears huge Mexico EV plant deal with 50,000 sales in sight this year

Baua Electric

After already becoming an EV leader in overseas markets like Thailand, Israel, and Australia, BYD is rapidly expanding its presence in South America. Sales are surging after launching its cheapest EV in Brazil in March, the $20,000 (99,800 BRL) Seagull (called the Dolphin Mini overseas). YOY in the first three months of 2024.

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BYD has no plans to enter the US Market amid “complications’ [Feature]

Teslarati

BYD Executive Vice President and CEO of BYD Americas sat down with Yahoo Finance , and talked about the Chinese automaker’s lack of presence in the US Market and the global electric vehicle (EV) market. Ford and General Motors (GM) announced plans to scale down EV production this year.

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