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BYD is now shipping its own EVs as first cargo ship heads to Europe

Baua Electric

1 is the first Chinese-made ship designed to carry domestic EVs overseas. First BYD ship sets sights on Europe to deliver EVs Marking a “new era” for Chinese vehicles, BYD’s first ship designed to carry EVs arrived at Yantai Port on January 9. 1 is the first vessel built by a Chinese shipyard designed for exporting domestic vehicles.

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BYD expects at least $4 billion in net income from surging EV sales

Baua Electric

In the last three months of the year, the Chinese automaker overtook Tesla as the largest global EV maker as it expanded the brand. BYD is already leading in growing EV markets like Thailand, Brazil, and Columbia. It includes four electric motors for over 1,200 horsepower. billion (31 billion yuan) in net income.

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BYD launches $233K Yangwang U9 electric supercar that will smoke a Ferrari and can dance

Baua Electric

In December, the brand began deliveries of its first vehicle, the U8 off-road SUV, with starting prices over $150,000 (1,089,000 yuan). The luxury SUV has generated hype as a Mercedes G-Class and Land Rover Defender rival with 1,200 hp and premium features like tank turns and tire blowout stabilization. It also supports dual charging.

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Ford opening 66 more new dealerships in China by end of year; Asia-Pacific growth plans

Green Car Congress

Many of these cities, relatively unknown outside of China, have populations well above one million people and will help lead the next wave of growth in the Chinese economy. Ford is introducing the new Edge SUV to China in mid-December. Ford is aggressively expanding in Thailand as well.

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Foxconn about to start Electric Vehicles.

Electric Vehicles India

Foxconn, the world’s largest assembler of iPhones, is planning to make a foray into the electric vehicles business, on Monday by revealing three concepts of Electric vehicles, and these include the model C SUV and the Model E sedan which looks like racing-car level acceleration with the range of 750 km per charge.

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Chinese car makers can undercut rivals in Europe because their production costs are heavily subsidised. The main export markets for these vehicles were Europe and countries in the Asia Pacific region, such as Thailand and Australia. In FY2024, electric car and SUV sales in India jumped 90% to over 90,000 units.

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Mercedes-Benz prepares car production network for new electric portfolio

Green Car Congress

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. BBAC) has been producing Mercedes-Benz vehicles locally for the Chinese market since 2005. From 2024, new models based on the MMA platform as well as a model based on the MB.EA

Mercedes 195