Green Car Congress

DECEMBER 15, 2020

Just a few months later the German-Chinese production joint venture, Beijing Benz Automotive Co. BBAC), launched EQC production for the local market in China. 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

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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

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Teslarati

AUGUST 30, 2024

Altavilla will be BYD’s special advisor for the European market. BYD has set ambitious goals for its global market expansion. 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.

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Baua Electric

AUGUST 16, 2024

In June, the EU announced import tariffs on Chinese EVs ranging from 17.4% The rationale behind the new tariffs is that the Chinese government has unfairly subsidized its auto industry, enabling Chinese automakers to sell EVs at prices European brands can’t match. BYD has established a factory in Hungary.

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Teslarati

FEBRUARY 14, 2024

The Chinese automaker aims to expand its global presence and sees Mexico as an excellent place to reach its goals. BYD Mexico’s country manager, Zhou Zhou, told Nikkei Asia that Mexico is a key market with potential. The Chinese automaker announced plans to convert a former Ford plant into an electric vehicle facility in Brazil.

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Green Car Congress

MAY 29, 2017

The company will decide on the basis of market demand which foreign locations will produce further EQ models within the production network. Future EQ models can be integrated in the series production of existing Mercedes-Benz plants on four continents. In 2016, more than 300,000 vehicles rolled off its production lines.

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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. CATL installed 191.6

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Teslarati

MARCH 20, 2025

According to the Financial Times , BYD received unfair subsidies from China which were used in its electric car plant in Hungary. Subsidies from the Chinese government are the main reason the EU Commission decided to implement additional tariffs on exported electric vehicles made in China and sold in Europe.

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Green Car Congress

JUNE 30, 2022

Mercedes-Benz is aligning its global production network to manufacture its reshaped product portfolio focused on luxury electric vehicles as the brand prepares to go all electric by the end of the decade—wherever market conditions allow. It makes it possible to adjust production at short notice according to market demand.

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Baua Electric

MARCH 11, 2025

Several key factors have contributed to Chinas success, including strong government support, a massive domestic market, advanced battery manufacturing, and aggressive global expansion strategies. The Chinese government has implemented a series of incentives, subsidies, and regulations aimed at promoting the adoption of electric vehicles.

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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. China’s “spare production capacity of 3 million EVs per year is twice the size of the EU market,” Reuters reports. In the long term, that is very dangerous.

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Baua Electric

JUNE 12, 2024

A new electric hot hatch is about to hit the market. The new BYD Seal 06GT was uncovered in China ahead of its official market debut later this year. 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.

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Green Car Congress

SEPTEMBER 6, 2021

It will be the first purely electrically powered production vehicle from the Kecskemét plant in Hungary. At market launch, the model range initially comprises two variants: the EQE 350 (power consumption acc. After the EQA, the EQB is the second all-electric compact car from Mercedes-EQ. The vehicles for China are produced in Beijing.

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Mercedes Concept Wind Battery 259

Baua Electric

JANUARY 30, 2025

Out of the 27 member states, 19 recorded improvements, including the six biggest LCV markets. Major EU markets improve Recording the largest sales volume, France saw registrations increase by 1.1% The EUs fifth-biggest LCV market, the Netherlands, enjoyed the greatest growth of any member state. Volumes surged 87.4%

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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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Baua Electric

JUNE 17, 2024

In addition to expanding its own retail footprint, Polestar is deploying new non-agency sales models and has announced seven new markets it will begin selling to next year. The new strategy in Europe will include the switch to a non-agency sales model with the help of new existing partners in its current markets.

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Baua Electric

JUNE 6, 2024

As global EV battery consumption continues rising, the most prominent players, including CATL and BYD, continue dominating the market in 2024. CATL still owns over a third of the market, but BYD looks to close the gap with new lower-priced EVs. of the market through April 2024. The company’s market share was up from 14.3%

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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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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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Baua Electric

JANUARY 2, 2024

The Atto-3 SUV / Source: BYD Europe It was a huge year for profits at Chinese auto behemoth BYD. BYD, the country’s dominant automaker in the world’s largest auto market, released its sales numbers yesterday. Of course, the Chinese EV market is booming – but looking at the numbers, it’s pretty staggering.

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Green Car Congress

MARCH 19, 2014

liters) featuring a modular architecture that broadens its adaptability to global markets and reduces manufacturing complexity while offering customers efficiency, refinement and durability. naturally aspirated direct-injection engines that will be offered in the 2015 next-generation Chevrolet Cruze for the Chinese market.

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Engine GM Oil-Sands Oil 261

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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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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Baua Electric

AUGUST 16, 2024

China’s leading automaker, BYD , is reportedly planning to build yet another EV factory overseas as it looks to take on new global markets. 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.

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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. Also Read : Geely plans to introduce Zeekr EV brand in Korea by early 2026 There’s also a domestic market to serve, with EVs accounting for 7.5

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Baua Electric

FEBRUARY 3, 2025

With overseas sales surging 83% last month, BYD is looking for even more market share in 2025. Like most Chinese automakers, BYD reports NEV sales, including battery electric (EV) and plug-in hybrid (PHEV) vehicles. BYD is opening several new EV plants overseas as it looks to gain market share in key markets.

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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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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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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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Baua Electric

NOVEMBER 1, 2024

Many Chinese automakers report NEV sales, which include plug-in hybrid (PHEV) and all-electric (EV) models. It’s also aggressively targeting overseas market share. With a wave of new models hitting China’s auto market, many domestic automakers are looking overseas for growth. BYD also adds commercial vehicles.

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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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Baua Electric

AUGUST 28, 2024

BYD store in Thailand (Source: BYD) BYD opened its first plant in Thailand, a key auto hub and growing EV market, last month. 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.

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Baua Electric

NOVEMBER 21, 2024

With China’s auto market becoming flooded with low-cost competitors, BYD is looking to key overseas markets to drive growth. After opening its first plant in Thailand earlier this year, a booming EV region, BYD plans to open up shop in another major Southeast Asian market.

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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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Baua Electric

JANUARY 20, 2025

The worlds largest electric vehicle maker is becoming a force in the global auto market. As a new wave of homegrown EVs arrives in China, BYD is focusing on overseas markets to drive growth in 2025. BYD is already the leading EV maker in Indonesia, accounting for over a third (36%) of the market. After selling a record over 4.27

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Baua Electric

NOVEMBER 20, 2024

Ford is slashing another 4,000 jobs in Europe as it struggles to keep pace with the market’s shift to electric vehicles (EVs). The American automaker said a “highly disruptive” EV market and new competition are causing significant losses in the region. A Ford spokesperson confirmed the move, citing a “rapidly deteriorating” EV market.

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Baua Electric

MARCH 28, 2024

As new electric cars roll out in China, BYD sees joint venture brands (overseas automakers) market share falling from 40% to 10%. The 30% offers room for Chinese brands to grow. For example, BYD is building a plant in Hungary that will “be Europe, for Europe.” BYD’s first vehicle transport ship, the BYD Explorer No.

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