Green Car Congress

NOVEMBER 20, 2022

With both projects, we are addressing the market-defining trends in the Chinese auto market, namely: electrification, digitalization, and sustainability. Audi has a history of developing specific products and technologies for the Chinese market. —Audi CEO Markus Duesmann.

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Audi China Hungary Germany 368

Teslarati

AUGUST 31, 2024

Hedin is a Swedish company that distributes other Chinese car brands across Germany, including BYD and XPeng. The Chinese automaker predicts that its overseas market will account for 50% of its total global sales in the future. BYD Automotive GmbH plans to buy Hedin Electric Mobility, a car distributor in Germany.

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BYD Germany Buy Europe 123

Green Car Congress

MAY 3, 2023

This marks SKIET’s first large-scale supply of EV battery separators to a Chinese EV battery manufacturer. In addition, they plan to build a mid-to-long term strategic cooperative relationship in the Chinese electric vehicle market. The MOU signing ceremony took place at Sunwoda Group’s headquarters in Shenzhen, China.

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Supplies Battery Batteries South Korea 199

Electrek

NOVEMBER 6, 2023

Chinese-owned automaker BYD has announced plans to build a factory in Europe in hopes of bringing its affordable EVs to the masses there. As the brand picks up steam in sales, it will break ground on its first European factory, with Hungary selected as the location.

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BYD Europe Building Hungary 120

Teslarati

AUGUST 30, 2024

BYD forecasts that its overseas market will account for 50% of its global sales in the future, and Europe plays a significant role in the Chinese automaker’s plans. The Chinese automaker’s duty is 17%, which will be placed on top of the EU’s current 10% duty for vehicle imports.

Chrysler 114

Chrysler BYD Europe Hungary 114

Baua Electric

OCTOBER 24, 2024

Chinese automakers are aiming to more than double their full-process manufacturing capacity outside of China, all in hopes of beating out import tariffs on Chinese-made vehicles and meeting demand for EVs, according to a report from Bloomberg. million vehicles in 2023 to more than 2.7 million by 2026. million by 2026.

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China Turkey Production Chinese 52

Green Car Congress

MAY 19, 2023

—Milan Nedeljković The BMW Group has had a presence in the Chinese market since 1994 and founded the BMW Brilliance Automotive joint venture in May 2003. Over the past 20 years, the BMW Group has continuously expanded its activities in China, and production capacity in Shenyang has increased from 30,000 to 830,000 units.

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BMW China Battery Batteries 457

Teslarati

FEBRUARY 14, 2024

The Chinese automaker aims to expand its global presence and sees Mexico as an excellent place to reach its goals. It opened facilities in Thailand this year and announced plans to build a production site in Hungary in the next three years. Tesla’s rival BYD is considering Mexico for its new electric vehicle (EV) plant.

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Mexico BYD Hungary Thailand 123

Baua Electric

OCTOBER 30, 2024

As a result, both Europe and the US have recently imposed large tariffs on Chinese EVs, fearing that Chinese cars will undercut domestic industry with lower manufacturing costs. Chinese EVs are already quite popular in Europe, though very few sell in the US. FTC: We use income earning auto affiliate links.

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China Chinese Europe Hungary 52

Green Car Congress

NOVEMBER 19, 2020

It will ramp up for the first time at our future plant in Debrecen, Hungary, before being rolled out across our global production network in stages. The Chinese plant in Dadong also began producing the BMW iX3 this year. This architecture will be in use from the middle of the decade. —Milan Nedeljkovi?.

BMW 396

BMW Engine Production South Africa 396

Green Car Congress

APRIL 23, 2022

Total lithium-ion capacity existing or being built has doubled since the beginning of 2021, following announcements of new plants by Chinese and South Korean battery producers, according to Benchmark’s Gigafactory Assessment. LG Energy Solutions said it would invest KRW 1.7 trillion (US$1.4

Li-ion 199

Li-ion Battery Batteries Lithium Ion 199

Baua Electric

MARCH 14, 2024

MG Motors, a unit of Chinese automaker SAIC, will open a second European parts centre by the summer of 2024 in France to meet the country’s growing demand for its vehicles, a spokesperson told Reuters on Thursday. SAIC is currently evaluating whether to build a factory in Europe.

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Parts Europe Auto France 52

Baua Electric

JULY 10, 2024

Bloomberg) Chinese auto sales slumped in June as the domestic economy remained sluggish, but buoyant exports offset the decline at home, an industry association said Wednesday. Chinese EV exports were down 2.3 Chinese makers are moving production overseas. However, China continues to see drop in sales domestically.

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United Arab Emirates Sale China Saudi Arabia 52

Baua Electric

JANUARY 2, 2024

The Atto-3 SUV / Source: BYD Europe It was a huge year for profits at Chinese auto behemoth BYD. Of course, the Chinese EV market is booming – but looking at the numbers, it’s pretty staggering. Chinese automakers expect to have sold some 9.4 In 2023, the company sold 1.6 million vehicles. BYD tripled its profits to $1.5

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BYD Sale Hungary Automobile Manufacturer 52

Green Car Congress

APRIL 19, 2021

After Europe, the international version of the EQB, produced in Kecskemét, Hungary, will be launched at the end of the year, followed by the US market launch in 2022. Ltd (BBAC), a joint venture between Daimler and its Chinese partner BAIC Group. Following the EQA 250 (combined electrical consumption: 15.7

Mercedes 243

Mercedes SUV Electric Electrical 243

Baua Electric

JULY 30, 2024

Thirteen Member States now generate more electricity from wind and solar than from fossil fuels, with Germany, Belgium, Hungary, and the Netherlands hitting that milestone for the first time. Hungary set consecutive monthly records for solar generation in April, May, and June 2024.

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Wind Solar Fuel Hungary 52

Baua Electric

JULY 6, 2024

to build a one billion dollar plant that will improve the Chinese EV maker's access to the European bloc amid rising trade tensions --> Turkey is set to unveil an agreemeent with BYD Co. Its first car factory for Europe, in Hungary, is under construction. REUTERS) Turkey will soon unveil an agreement with BYD Co.

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Turkey BYD Building Thailand 52

Baua Electric

NOVEMBER 1, 2024

Many Chinese automakers report NEV sales, which include plug-in hybrid (PHEV) and all-electric (EV) models. With new plants opening in several key overseas regions, like Thailand, Turkey, Hungary, and Mexico, overseas sales are expected to continue rising. October was BYD’s fifth straight record-breaking month for NEV sales.

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BYD PHEV Vehicles Hungary 52

Baua Electric

JANUARY 3, 2024

Chinese automaker BYD has concluded 2023 with record-breaking sales, which surpasses the 3 million annual sales target and retains its position the global new energy vehicle (NEV) sales champion, for the second year in a row. In the Chinese market, BYD retained its position as the best-selling car brand and manufacturer.

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BYD Sale Electric Cars Hungary 52

Baua Electric

JUNE 12, 2024

Meanwhile, the EU announced pre-disclosed tariffs on Chinese EV imports on Wednesday. BYD and other Chinese EV makers can explain the accuracy of the findings. Its Hungary plant is already under construction and is expected to begin production next year. For BYD, the EU would apply an additional 17.4%

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BYD China Market Hungary 52

Baua Electric

AUGUST 16, 2024

Despite new tariffs on Chinese EV imports in the US and Europe, BYD is widening its lead in key auto markets like Southeast Asia and South America. The Chinese automaker is already a leading EV brand in these countries as it expands into new markets. It’s also planning to build factories in Hungary, Brazil, and Turkey.

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Pakistan BYD Thailand Brazil 52

Baua Electric

NOVEMBER 13, 2024

13 November 2024 Read next Autumn Budget implications for UK LCV market 12 November 2024 Read next On song BYD dominates record-breaking Chinese EV market in September 11 November 2024 Read next Mixed results for major European new-car markets in October 08 November 2024 Will the Romanian new-car market’s rollercoaster ride continue?

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Market Romania Czech Republic Cars 52

Green Car Congress

NOVEMBER 25, 2013

Climate-KIC CEO Mary Ritter and District Mayor Peng San of Tianjin City’s Hexi District formalized the agreement by signing a statement of intent in the Chinese capital’s Great Hall of the People, where the EU-China Summit was taking place.

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China Carbon Climate Hungary 236

Baua Electric

JANUARY 22, 2024

BYD Atto 3 (Source: BYD) Europe and the US say that Chinese EV development is running wild and unchecked and on the verge of overwhelming the global market with, well, EVs the rest of the world can’t compete with. China last year overtook Japan as the world’s biggest car exporter ­– but most of those were ICE vehicles sold to Russia.

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China BYD Chinese Europe 52

Baua Electric

APRIL 11, 2024

Chinese automaker Chery is planning to make cars in Spain, where the EV market is at just 12%, half that of Portugal and France. Chinese companies MG, BYD, and Chery have also been scouting sites in Mexico and talking to officials for better access to the North American market.

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Chery Europe Spain BYD 52

Baua Electric

JANUARY 19, 2024

Chinese EV behemoth BYD may bring two off-road electric SUVs sold in China to Europe that could rival the Land Rover Defender, the Mercedes G-Class, and Ford Bronco. Last December, the automaker said it would build a factory in Hungary for the European market, with an initial capacity of 200,000 units a year.

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Land Rover BYD Water SUV 52

Baua Electric

AUGUST 28, 2024

It’s also planning to open facilities in Mexico, Hungary, Brazil, Turkey, and Pakistan. Despite Canada’s decision to impose a 100% tariff on Chinese EV imports, BYD has been eyeing selling vehicles there. Ford’s CEO Jim Farley warned that if automakers fail to keep up with Chinese OEMs, revenue and global market share will be at risk.

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BYD Sale Price Thailand 52

Green Car Congress

JULY 24, 2012

The new Mercedes-Benz compacts are produced in a network of the Mercedes-Benz plants in Rastatt, Germany, and Kecskemét, Hungary. It furthermore plans to build premium compact cars for the Chinese markets locally and close to the customers in the future. The company has received more than 40,000 A-Class orders to date.

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Production Hungary Mercedes 2013 218

Baua Electric

JUNE 17, 2024

The melting pot brand with European and Chinese roots is just starting to gain a foothold in the market on the wings of the Polestar 2, its flagship BEV model that has seen several refreshes since its initial launch in 2020. Polestar ($PSNY) remains a small but growing EV-centric brand backed by Geely out of China.

Czech Republic 52

Czech Republic Market Sale Slovakia 52

Baua Electric

JANUARY 11, 2024

South Korea’s SK On plans to start mass producing lithium iron phosphate (LFP) batteries as early as 2026 to supply several automakers as it pushes to deliver a lower cost battery chemistry favoured by its Chinese rivals, a senior executive said. We have to compete with the Chinese LFPs. Maybe it’s not easy,” he said.

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South Korea Auto Las Vegas Battery 40

Green Car Congress

APRIL 9, 2015

million square meters, the Beijing-compact car site complements the current Mercedes-Benz’ compact model plants in Rastatt (Germany) and Kecskemet (Hungary) as well as the Valmet Automotive plant in Finland. Built from scratch in less than 3 years and stretching at present across about 1.5

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China Production Mercedes Hungary 150

Baua Electric

MARCH 28, 2024

The 30% offers room for Chinese brands to grow. For example, BYD is building a plant in Hungary that will “be Europe, for Europe.” Farley said at the Wolfe Research Conference last month that if automakers fail to keep up with the Chinese, like BYD, “20% to 30% of your revenue is at risk.”

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BYD PHEV Gas-Electric Hungary 52

Teslarati

MARCH 9, 2023

Chinese battery maker and Tesla supplier CATL reported its earnings for 2022 today and showed a massive increase in overall income from the year prior, and it was supported largely by its domination in supplying EV makers with cells. It is continuing to expand into other markets as well, including Hungary. Analysts expected just 28.8

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Market Tesla Maintenance Hungary 98

Green Car Congress

DECEMBER 15, 2020

Just a few months later the German-Chinese production joint venture, Beijing Benz Automotive Co. EQA production will also follow next year (2021) at BBAC in Beijing for the Chinese market. In May 2019 production of the EQC (combined power consumption: 21.5 BBAC), launched EQC production for the local market in China.

Mercedes 259

Mercedes All-Electric Plug-in Electrical 259

Green Car Congress

JUNE 30, 2022

Core Luxury: The Mercedes-Benz plants in Bremen, Germany and Kecskemét, Hungary to manufacture vehicles in Europe based on the MB.EA The EQB compact SUV was launched at the Mercedes-Benz Kecskemét plant in 2021 and is the first purely electrically powered series production vehicle from Hungary. Beijing Benz Automotive Co.

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Mercedes Production Electrical Electric 195

Green Car Congress

MAY 29, 2017

The production compound of the current compact car generation further includes the plant in Kecskemét, Hungary (production: B-Class, CLA, CLA Shooting Brake), the Chinese production location BBAC (Beijing-Benz Automotive Co. In 2016, more than 300,000 vehicles rolled off its production lines.

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Mercedes Germany Vehicles Hungary 186

Baua Electric

MARCH 29, 2024

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. Ford’s CEO Jim Farley called the low-cost EV “pretty damn good,” warning the competition of incoming Chinese electric cars.

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Thailand BYD Production Uzbekistan 52