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BYD surges past Honda and Nissan’s sales for the first time, targets Ford with low-cost EVs

Baua Electric

With low-cost EVs hitting key global markets, BYD is quickly catching up to Ford. After launching in key markets like Mexico, Brazil, Japan, Europe, Thailand, and other Southeast Asian countries, BYD is already a leading EV brand. BYD Shark PHEV pickup (Source: BYD) Ford’s wholesales reached 1.14

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GM May Produce EVs In Mexico To Compete With Tesla, Ford

InsideEVs

Mexico may have plenty of appeal for future EV production due to low costs and full access to the US federal EV tax credit.

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Xcel Energy launches EV smart charging pilot in Colorado; Transportation Electrification Plan for New Mexico approved

Green Car Congress

Xcel Energy has launched a new pilot for customers of five major automakers to make it easier for consumers to make the switch to electric vehicles in Colorado and to charge their EVs at times when renewable energy production is high and demand on the energy grid is low. From 2022 through 2024, Xcel Energy will invest more than $3.1

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BYD to shake up North American EV market with plans to enter Canada

Baua Electric

BYD is already making its presence known in the North American EV market with a growing presence in Mexico. The Chinese EV maker delivered its first batch of 100 Yuan Plus models in Mexico last June. BYD’s pickup starts at $53,400 (899,980 pesos) and will rival top-selling trucks like the Toyota Hilux and Ford Ranger.

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Ford Mustang Mach-E price cuts are proving affordable EVs are in demand

Baua Electric

Ford is moving inventory after slashing prices by up to $8,100 on its best-selling electric SUV, the Mustang Mach-E , last month. Good news: Ford Mustang Mach-E price cuts are working Ford cut Mustang Mach-E prices by up to $8,100 in February with new finance and lease incentives. Ford’s Model e electric vehicle unit lost $4.7

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Canada to slap 100% tariff on Chinese EVs just as BYD preps for market debut

Baua Electric

The sanctions mirror similar moves from the US and Europe to “protect domestic manufacturing” from the threat of low-cost EVs from China. BYD is already a leading EV brand in Mexico, but entering Canada could shake up the North American auto market. In May, BYD revealed its first pickup truck , the Shark PHEV, in Mexico.

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

Baua Electric

BYD Seal test drive in Mexico (Source: BYD) Low-cost EVs, overseas expansion fueling growth BYD’s auto (and related) sales accounted for 76% of revenue, generating RMB 228.3 It’s also planning to open facilities in Mexico, Hungary, Brazil, Turkey, and Pakistan. Will it top Ford and GM? billion ($42.2 billion ($1.9

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