Remove Chinese Remove Fully Electric Remove Low Cost Remove SUV
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Ford’s EV sales continued climbing in July, but SUVs dampened US growth

Baua Electric

Although Ford’s EV sales rose by double-digits in July, fewer SUV sales led to lower US growth. Ford sold 8,242 fully electric vehicles in the US last month, up 31% (6,280) from July 2023. Farley stressed that Tesla and low-cost Chinese OEMs are the ultimate competition. from July 2023 (173,639).

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Jeep is launching a $25,000 EV in the US ‘very soon’ to revamp the rugged SUV brand

Baua Electric

Another low-cost electric vehicle is headed to the US. A $25,000 Jeep EV is coming to the US soon Jeep’s first fully electric vehicle for the US will officially debut this week. Meanwhile, the rugged SUV brand is already planning a more affordable EV model. Let us know in the comments.

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Volvo suddenly shifts EX30, EX90 production to Belgium to avoid China-made EV tariffs

Baua Electric

Volvo announced it planned to build its new low-cost EX30 at its Ghent plant in Belgium last October. With EV imports from Chinese automakers like BYD and MG surging, the EU claims unfair government subsidies are promoting the growth. Volvo’s fully electric cars accounted for 25% of all vehicles sold last month.

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Kia suddenly shifts to hybrids, affordable EVs amid waning global demand

Baua Electric

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. In response to “the slowdown in EV demand growth,” Kia plans to launch more hybrids while introducing new low-cost electric models. million in 2030.

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Kia suddenly shifts to hybrids, affordable EVs amid ‘waning global demand’

Baua Electric

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. In response to “the slowdown in EV demand growth,” Kia plans to launch more hybrids while introducing new low-cost electric models. million in 2030.

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BYD sees NEV share reaching 50% in the next 3 months in China as EV price war heats up

Baua Electric

BYD Atto 3 (Source: BYD) After dominating their domestic market, Chinese NEVs are now expanding overseas. Electric vehicles pushed China past Japan to become the global auto export leader. Now, the automaker has several fully electric models below or close to the 100,000 yuan mark.

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BYD is launching its next-gen Blade EV battery soon with more range and even lower cost

Baua Electric

BYD’s Blade batteries power Tesla, Ford, Kia, Hyundai, Toyota, and other popular electric vehicles from major automakers. The batteries are installed in most BYD models, such as the low-cost Seagull, Dolphin electric hatch, and Atto 3 SUV. The batteries are a major reason behind BYD’s success.

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