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

Baua Electric

BYD is now set to begin production at its new EV plant in Thailand in the third quarter as it looks to accelerate overseas sales. The fully electric BYD Atto 3 SUV was the top-selling electric model, with over 19,200 units delivered. BYD was Thailand’s best-selling EV maker last year.

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

Baua Electric

Electric car sales in 2023 were 3.5 Battery electric cars accounted for 70% of the electric car stock in 2023, states the IEA annual report of the EV global parc. While sales of electric cars are increasing globally, they remain significantly concentrated in just a few major markets. China exported over 1.2