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 103

Baua Electric

APRIL 10, 2025

from 2024, according to data from industry authority PZPM. Notably, the Polish new-car market has seen an increase in Chinese brands debuting. Other European markets, such as Hungary , are anticipating price rises later in 2025 as a result. Meanwhile, more Chinese brands continue to appear in the Polish new-car market.

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Poland Market Cars Chinese 52

Baua Electric

OCTOBER 30, 2024

It’s official: The European Union is moving ahead with increased tariffs on Chinese-made EVs to as much as 45.3% – in an effort to save its auto industry from total demise. Since the US and Canada apply 100% tariffs on EVs coming from China, Europe has been the most obvious choice for Chinese expansion.

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Chinese Chery BYD Hungary 52

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

Baua Electric

MARCH 11, 2025

Chinas Global Dominance in the Electric Vehicle Industry China has emerged as a powerhouse in the electric vehicle (EV) industry, playing a dominant role in global EV production, sales, and technological advancements. Major battery manufacturers, such as CATL (Contemporary Amperex Technology Co.

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China Market Chinese Gasoline-Electric 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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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 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’s EV industry is a true powerhouse, and one of the few economic bright spots for the country, reports the FT.

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China BYD Chinese Europe 52

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

Baua Electric

DECEMBER 5, 2024

As the European Union slaps more restrictive tariffs on EVs pouring in from China, Chinese automakers have found a workaround: they’ll just make and export hybrids instead, since hybrids of all varieties are bizarrely exempt from the tariff scheme. The European Union’s latest EV tariffs of up to 45.3%

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China Hybrid Chinese PHEV 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. Spain’s Industry Ministry said in a statement that the agreement would be formalized in the next few days, with Chery planning to start production in Barcelona, according to Reuters.

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Baua Electric

DECEMBER 16, 2024

Chinese EV automaker Build Your Dreams (BYD) continues demonstrating why it should be a name on your radar. Weve told you the Chinese automaker was coming and doing so at a staggering rate. This stat is from one plant, not BYDs global annual production tally. FTC: We use income earning auto affiliate links.

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BYD Sale Production Uzbekistan 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 even cracking into Japan’s auto industry, a market dominated by Toyota.

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Pakistan BYD Thailand Brazil 52

Baua Electric

DECEMBER 10, 2024

At the time, we reported that the MoU kicked off a broad preliminary joint venture with Chinese EV battery giant CATL that detailed the development and purchasing of LFP batteries that will power the automakers small and mid-sized EVs sold in Europe.

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Carbon Batteries Battery Spain 52

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.” Electrek’s Take BYD has already sent shockwaves throughout the industry with the new Seagull EV starting under $10,000. In response, Ford is shifting from larger to smaller, more affordable EVs.

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BYD PHEV Gas-Electric Hungary 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 Batteries 40

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. According to the Federation of Thai Industries , ICE car production fell 95% year over year in January, while EV production skyrocketed 9,214%.

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Thailand BYD Production Uzbekistan 52

Baua Electric

OCTOBER 17, 2024

The only Chinese-majority-owned carmaker to have a prime location was Xpeng. Subject to provisional EU tariffs , the carmaker confirmed its Hungary plant would be operational by the end of 2025. Although less interactive than the IAA Munich, displaying so many vehicles, especially electric models, was a benefit to the industry.

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Motor Motoring Motors BYD 52

Tony Karrer Delicious EVdriven

APRIL 16, 2009

Within a few years, BYD’s batteries were cheaper and just as reliable as those made by industry giants ony and Sanyo. Today, BYD employes 130,000 people in 11 factories, either in China and one each in India, Hungary and Rumania. car companies and battery makers as much as the Chinese government is going to help BYD.

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Chinese Companies Electric Cars BYD 28

Tony Karrer Delicious EVdriven

APRIL 16, 2009

Why hes banking on an obscure Chinese electric car company and a CEO who - no joke - drinks his own battery fluid. The E6 will hit the Chinese market later this year. tech industry during the 1990s. The deal, which is awaiting final approval from the Chinese government, didnt get much notice at the time.

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BYD 2009 Companies Electric Cars 62

EV Sales

MARCH 22, 2021

For example, with increasing evidence of genocidal Chinese government towards Uyghur residents, including forced labor camps, the lack of transparency regarding whether any Chinese EVs benefit from such labor prompts me to deduct 1 production point from China (out of ~25 it had earned). Globally ~14k Ioniq BEVs were sold.

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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. A recent headline in the New York Times warned of a “wrecking ball” heading for Detroit.

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New York Chinese Mexico Charging 52

Baua Electric

FEBRUARY 21, 2025

20 February 2025 Read next What to expect from Hungarys automotive market in 2025 20 February 2025 Read next What was the best-selling EV in Europe in 2024? This will benefit the Neue Klasse vehicles, the first of which will enter series production later this year in Hungary.

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Hungary Europe All-Electric Volvo 52

Baua Electric

MARCH 28, 2025

Tariff backlash The news has been met with a significant backlash from global leaders, carmakers, and industry bodies. EU Commission President Ursula Von Der Leyen said : The automotive industry is a driver of innovation, competitiveness, and high-quality jobs, through deeply integrated supply chains on both sides of the Atlantic.

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