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.

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Chrysler BYD Europe Turkey 78

Baua Electric

JULY 10, 2024

Read more Car sales in China picked up in June thanks to increase in exports amid EU hiking tariff on electric vehicles made in the country. However, China continues to see drop in sales domestically. Sales in China dropped 7.4 per cent while domestic sales edged up 1.6 Chinese EV exports were down 2.3

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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. 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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Baua Electric

JANUARY 2, 2024

The Atto-3 SUV / Source: BYD Europe It was a huge year for profits at Chinese auto behemoth BYD. Adding up sales for all so-called new energy vehicles, including battery-only vehicles and hybrids, BYD sold 3 million vehicles in 2023. Tallying up its year-end sales, it’s a massive 62% growth from 2022. million vehicles.

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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. This year also marks BYD being listed among the global top 10 of car sales for the first time.

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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. BYD sets new overseas EV sales record in January 2025 BYD sold over 300,500 new energy vehicles (NEVs) last month, up nearly 50% from January 2023. BYDs commercial vehicle sales reached 4,092, up 793% from January 2023 (474).

Global 52

Global Sale BYD Pakistan 52

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. Those November sales, led by PHEVs (about 60% of the total), helped BYD reach its 2024 delivery goal a month ahead of schedule.

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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. Since that debut, the automaker has announced several new models in its pipeline, including the Polestar 3 , which will soon begin sales and deliveries.

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Baua Electric

AUGUST 28, 2024

BYD credited the Q2 profit surge to rebounding vehicle sales, which reached a new record. BYD record vehicle sales lead to higher Q2 profits BYD announced net income reached RMB 9.06 billion), driven by higher vehicle sales. Although most of BYD’s sales are still in China, the company is quickly expanding overseas.

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BYD Sale Price Thailand 52

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

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. per cent of car sales last year in Turkey, a country with a population of almost 90 million. per cent charge on top of the existing 10 per cent rate.

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Turkey BYD Building Thailand 52

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. Global Expansion of Chinese EV Brands Chinese EV manufacturers are no longer limited to their domestic market.

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China Market Chinese Gasoline-Electric 52

Baua Electric

NOVEMBER 1, 2024

BYD sales topped the 500,000 mark in October, its first time achieving the feat. After its fifth consecutive record sales month, will BYD take the global EV lead over Tesla this year? October was BYD’s fifth straight record-breaking month for NEV sales. October was BYD’s eighth straight month with higher PHEV sales.

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BYD PHEV Vehicles Turkey 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%

China 52

China Hybrid Chinese PHEV 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

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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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 66

Baua Electric

JUNE 12, 2024

Sales are expected to kick off in the next few months, with exports likely in 2025. 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. For BYD, the EU would apply an additional 17.4%

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BYD China Market Hungary 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. million fully battery-electric vehicles last year, overtaking Telsa in overall BEV sales.

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China BYD Chinese Europe 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 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. Get started here.

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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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Market Romania Czech Republic Cars 52

Baua Electric

JANUARY 20, 2025

Tesla topped BYD by about 25,000 units last year for the global EV sales crown. According to the auto association, the EV giant sold nearly 15,500 vehicles last year, its first full sales year. With new models arriving, BYD expects rapid sales growth in Indonesia this year. After selling a record over 4.27

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BYD Indonesia Thailand Vehicles 52

Baua Electric

JUNE 6, 2024

The new factories come in addition to the six already planned in Germany, Thailand, Hungary, Indonesia, and two in the US. Despite a slow start to 2024 due to the Chinese New Year, BYD saw solid sales growth. Samsung’s growth was boosted by higher BMW i4, i5, iX, and Rivian R1T and R1S sales. BYD ranked second with a 15.4%

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BYD Market Battery Batteries 52

Baua Electric

MARCH 28, 2024

BYD plans to more than double its overseas sales this year, as it aims for one million in 2025. We reported earlier this month that BYD looks to crush gas-powered car sales with its newest platform. The 30% offers room for Chinese brands to grow. For example, BYD is building a plant in Hungary that will “be Europe, for Europe.”

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BYD PHEV Gas-Electric Hungary 52

Baua Electric

NOVEMBER 20, 2024

After dominating its home market, BYD and other Chinese EV makers are looking overseas to drive growth. BYD is already a leading EV brand in key regions like Southeast Asia and Central and South America, but it expects sales to accelerate in the next few months. billion) in Q3 net income amid surging EV sales. billion (RMB 11.6

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Europe Ford Global BYD 52

Baua Electric

NOVEMBER 21, 2024

In October, BYD sold over 500,000 new energy vehicles (NEVs), its fifth straight record sales month and the first time it has crossed the half-million mark in a single month. As it finalizes plans for yet another EV manufacturing plant, this time in Cambodia, BYD will set up shop next to newly opened Ford and Toyota facilities.

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Cambodia BYD Ford Toyota 52

Baua Electric

MARCH 29, 2024

BYD is now set to begin production at its new EV plant in Thailand in the third quarter as it looks to accelerate overseas sales. BYD’s general manager of its Asia-Pacific Sales Division said people were lining up to purchase the car after hitting its 10K sales goal in just 42 days.

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Thailand BYD Production Uzbekistan 52

Baua Electric

JANUARY 30, 2025

Major EU markets improve Recording the largest sales volume, France saw registrations increase by 1.1% Of the five-digit sales markets, notable performances were recorded in Hungary (up 19.4%), Romania (up 17.3%) and Portugal (up 13.3%). Only three regions endured a decline of over 10%. year on year, thanks to 379,747 units.

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Market Romania Italy Poland 52

Baua Electric

MARCH 4, 2024

cheaper than the final sale price of its predecessor, reports Reuters. However, Geely and BYD are making the biggest impact outside of China, too, with BYD pushing international growth with its plans to build an EV factory in Hungary and Mexico, and other automakers are looking to set up production in Europe as well.

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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. The focus was very much on home-grown brands. BYD used the event to unveil the Sealion 07. EVO platform.

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Motoring Motor Motors BYD 52

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. The deal, which is awaiting final approval from the Chinese government, didnt get much notice at the time. EMAIL | PRINT | SHARE | RSS DIGG FACEBOOK DEL.ICIO.US

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BYD 2009 Companies Electric Cars 62

Baua Electric

MARCH 18, 2024

Audi farms dual motors for the Q6 E-Tron in Hungary, rated at 140 kw in front and 250 kw in the rear. Stay tuned: we’ll drive the Q6 E-Tron later this year, in advance of its on-sale launch, expected by early December 2024. drivers will get to choose a less formal Sportback roofline, but not in the first model year.

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Audi SUV Volt MPH 52

Green Car Congress

NOVEMBER 13, 2022

Strong battery demand for stationary storage and rapidly accelerating passenger vehicle sales (rising from 5% in 2022 to 34% by 2027) ensure that it places high on the leaderboard. Germany and Hungary will increase their battery manufacturing capability to match Poland, as cell and component plants come online in coming years.

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Supplies Canada South Korea Lithium Ion 195

EV Sales

MARCH 22, 2021

DISCLAIMERS AND CREDITS The score is multi-faceted rather than representing solely consumer sales. The lion’s share of credit for source data goes as usual, to Jose Pontes and his EV Sales Blog. more than the original Sales Blog, since it was more detailed and up-to-date. It *is* literal madness to keep doing it.

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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.

Hungary 52

Hungary Europe All-Electric Volvo 52

Baua Electric

MARCH 28, 2025

BMW has begun production of its Neue Klasse in Debrecen, Hungary. The Chinese carmaker showcased its Deepal S07, an electric SUV that starts at 45,000 at an event in Germany this week. Additional plans include a European sales and services network, with more than 1,000 dealerships.

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Germany General Motors BMW Europe 52