Baua Electric

MARCH 29, 2024

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.

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Baua Electric

NOVEMBER 4, 2024

The company opened its first manufacturing plant in Thailand this summer, with several more planned in Hungary, Turkey, Brazil, and Mexico. Not only does it build batteries for its vehicles at a low cost, but BYD also sells them to rivals like Tesla, Toyota, and Volkswagen.

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Baua Electric

NOVEMBER 20, 2024

The EV giant opened its first manufacturing plant in Thailand earlier this year, and more are planned for Hungary, Brazil, Mexico, Pakistan, and Turkey. Ford is betting on smaller, more affordable EVs to turn things around with its new low-cost platform. Can Ford turn things around? Or will it be too little too late?

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Baua Electric

MARCH 21, 2024

The American automaker is developing a new low-cost EV platform to underpin a smaller electric pickup and SUV. Kia is also planning a series of low-cost models. Electrek’s Take The rush to introduce more affordable EVs comes as low-cost automakers like China’s BYD continue expanding overseas.

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Baua Electric

JANUARY 20, 2025

BYD is quickly expanding the brand globally with new plants opening in Mexico, Brazil, Hungary, Turkey, and Pakistan. Although BYD is best known for low-cost EVs like the Seagull and Dolphin, it is launching new models in just about every segment, including pickup trucks, smart SUVs, luxury models, and electric supercars.

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Baua Electric

APRIL 11, 2024

It’s all part of the Chinese brand’s ambitious plan to set up three brands in Europe and launch three new models for each brand, all by 2026 – yet, unfortunately, Chery wants to bring ICE vehicles along with its low-cost EVs, including a luxury gas-burning SUV brand that it already sells in China.

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Baua Electric

JANUARY 22, 2024

Back in September, the EU launched an investigation into the Chinese EV industry, as European companies are struggling to compete with the cheap, high-tech Chinese imports, made by low-cost labor, entering the EU.

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Baua Electric

MARCH 28, 2024

BYD can offer low-cost EVs, like the new Seagull , starting under $10,000 (69,800 yuan) and still make a profit. Its next-gen DM-i system will enable an even more range at a lower cost. For example, BYD is building a plant in Hungary that will “be Europe, for Europe.” The 30% offers room for Chinese brands to grow.

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Tony Karrer Delicious EVdriven

APRIL 16, 2009

Today BYD employs 130,000 people in 11 factories, eight in China and one each in India, Hungary, and Romania. BYD makes about 80% of Motorolas RAZR handsets, as well as batteries for iPods and iPhones and low-cost computers, including the model distributed by Nicholas Negropontes One Laptop per Child nonprofit based in Cambridge, Mass.

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