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Chinese automakers sweep Western brands out of global markets

Baua Electric

Markets in Asia, South America and Africa may be small compared to North America and Europe, but taken together they add up. Michael Dunne knows as much about China’s auto market and automakers as just about anyone out there. In Thailand, Japanese brands have dominated for decades, with a market share around 90%.

Chinese 52
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BYD begins construction of Thailand plant with annual capacity of 150,000 units

CN EV Post

On March 10, BYD held a groundbreaking ceremony for the plant in Thailand, and the delivery ceremony for the 10,000th BYD Atto 3. BYDDY.US | BYD HK BYD began construction of its passenger car plant in Thailand, as it reaches a milestone in deliveries there. platform offered in Thailand. platform offered in Thailand.

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BYD launches popular Dolphin, Seal, and Atto 3 EVs in Kenya with local Toyota dealer

Baua Electric

The electric vehicles will be sold by local dealer Loxea, which sells Toyota and other gas-powered models. BYD’s new partnership is another significant milestone as it takes on new markets. As global sales continue surging, BYD topped Honda and Nissan for the first time in Q2. FTC: We use income earning auto affiliate links.

Kenya 52
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Neta starts construction of its first overseas plant in Thailand, with planned annual capacity of 20,000 units

CN EV Post

Neta is building the electric vehicle assembly site with Thailand's BGAC and expects it to start production by the end of January 2024. Neta laid the groundbreaking for its plant in Bangkok, Thailand, on March 10, which will be its main manufacturing base for right-hand drive EVs for export to ASEAN, the company said today.

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BYD overcomes China’s intense EV price war as record car sales lead to Q2 profit surge

Baua Electric

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.

BYD 52
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Ford to Invest $450M in New Passenger Vehicle Plant in Thailand

Green Car Congress

Ford Motor Company is investing US$450 million (THB 15 billion) in a new passenger vehicle manufacturing plant in Rayong, Thailand, scheduled for completion in 2012. The facility will begin building the next-generation Ford Focus in 2012 for Thailand and other markets in the Asia-Pacific region.

Thailand 210
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Toyota develops “Total-care Service” for ride-hailing companies; rollout with Grab in Singapore

Green Car Congress

TMAP)—the sales & marketing regional headquarters of Toyota Motor Corporation (TMC) in Asia—offering the Total-care Service for 1,500 Toyota vehicles owned by Grab Holdings, Inc. In addition, Toyota dealers will apply TPS to vehicle maintenance for Grab-owned vehicles. Grab) through its subsidiary GrabRentals.

Singapore 223