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While legacy auto makers ponder the financial impact of Australia’s new CO2 reduction scheme, the local importer of Chinese XPeng electric vehicles says there is the potential for EV-only brands to make a bundle of cash. The credits do not have a set value, but are traded at a negotiated price between the seller and buyer. NVES Strikes!
The ute that will take on the Ford Ranger, Toyota HiLux and Isuzu D-Max was a surprising no-show at the Beijing Motor Show last month, and we now know that the brand will officially launch the ute in Mexico on May 14.
Conversely, big guns such as Toyota, Volkswagen, Mitsubishi, Isuzu and Subaru didn’t sell a single EV between them – and Ford logged one of its upcoming E-Transits as sold in 2022. That includes models from Chinese-owned brands, including LDV and MG. PHEVs are still tiny in Australia. Polestar 2 Long Range Single Motor.
The 2024 BYD Shark has been launched at an event in Mexico City, with full details released on how the Chinese car giant plans to beat the likes of the Ford Ranger, Toyota HiLux and Isuzu D-MAX. READ MORE: 2025 Jeep Gladiator 4xe plug-in hybrid incoming: BYD Shark and Ford Ranger PHEV rival confirmed EVs in demand!
Its DMO super hybrid off-road platform, used for the Fang Cheng Bao Bao 5, is designed for off-road PHEVs. Japanese rival Isuzu also plans to launch an electric version of its best-selling D-MAX pickup. The fact that BYD released the new name in English (in addition to its Chinese social media) is telling.
A rush of new electrified models in Australian by Chinese powerhouse GWM could be capped off by a full-size Toyota Prado rival with supercar-rivalling performance numbers. The underpinning PHEV design could be the Hi4-T system with mechanical 4×4 that debuts in Australia in the GWM Cannon Alpha ute in April.
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