article thumbnail

BYD continues global expansion by entering Central Asia, launching 3 models in Uzbekistan

Electrek

Build Your Dreams’ (BYD) momentum in global expansion continues to snowball into new markets, including Central Asia where the Chinese automaker is launching three models beginning this month. more… The post BYD continues global expansion by entering Central Asia, launching 3 models in Uzbekistan appeared first on Electrek.

article thumbnail

BYD makes brand debut in Uzbekistan, starts local pre-sales of 3 models

CN EV Post

BYD held a brand debut and product pre-sale event in Uzbekistan on March 16, and several of its local dealership stores are set to open this month, according to a press release Friday. It is worth noting that BYD has already made some previous moves to pave the way for its long-term growth in Uzbekistan.

article thumbnail

Mercedes CEO Says Brand Sticking With China for the Long Haul

The Truth About Cars

However, America seems increasingly interested in distancing itself from the nation while Germany has grown more reliant on the Chinese market. During the corona years, the wealthier Chinese in particular made extraordinary savings," Kallenius said. This purchasing power should benefit us." influence.&

article thumbnail

BYD to kick off EV production at new Thailand plant in Q3 as overseas expansion accelerates

Baua Electric

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. Ford’s CEO Jim Farley called the low-cost EV “pretty damn good,” warning the competition of incoming Chinese electric cars.

article thumbnail

BYD and Tashkent Municipality Sign Purchase Agreement for 2,000 Electric Buses

Electric Cars Report

Chinese biggest EV maker BYD has signed a framework agreement with the Tashkent Municipality, the government of Uzbekistan’s capital. The agreement states that the Tashkent Municipality will purchase 2,000 units of pure electric, zero-emissions BYD K9UD eBus.

BYD 116
article thumbnail

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. New subsidies, including for domestic battery manufacturing, and lower import and excise taxes, combined with the growing presence of Chinese carmakers, have contributed to rapidly increasing sales. China exported over 1.2

article thumbnail

China’s EV brands are coming to bury US automakers—or are they? – Charged EVs

Baua Electric

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.