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

Baua Electric

BYD’s general manager of its Asia-Pacific Sales Division said people were lining up to purchase the car after hitting its 10K sales goal in just 42 days. According to recent reports , BYD is pushing back plans for an additional factory in Vietnam amidst the expansion.

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Global EV sales are ‘robust’ – more than 1 in 5 cars sold in 2024 will be electric

Baua Electric

More than 1 in 5 cars sold globally this year is expected to be electric, with surging demand projected over the next decade, says a new International Energy Agency (IEA) report. This shift will have major ramifications for both the auto industry and the energy sector.

Global 52
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Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

Europe, the birthplace of the automobile industry, to North America across the Pacific Ocean, has always been the top stage that Chinese car companies hope to step on. And there is also a 150,000 baht (equal to more than 27,000 yuan) subsidy for each pure electric vehicle purchase. What is the mystery behind it?.

Asia 97
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Ricardo study predicts that BRIC automotive markets will be eclipsed by the “Rising-15”

Green Car Congress

Ricardo’s Rising-15 automotive markets include: Argentina; Egypt; Indonesia; Iran; Malaysia; Mexico; Morocco; Nigeria; Peru; the Philippines; South Africa; Thailand; Turkey; Ukraine; and Vietnam. Nissan introducing new Datsun in Indonesia.

Market 210
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The Global Outlook of Electric Vehicles

Blink Charging

In total, the International Energy Association reports , 6.6 In fact, China accounted for half of the worldwide growth of EV sales in 2021, and IEA writes that more EVs were purchased there in 2021 than in the entire rest of the world throughout 2020. In 2021, more EVs than that were sold each week.

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Landsat Proved the Power of Remote Sensing

Cars That Think

It was a difficult time in global politics, and much of his speech focused on the war in Vietnam, disputes in the Middle East, and strategic arms control. Toward the end, though, the speech took a curious and hopeful turn, as Nixon rhapsodized about the unifying potential of international cooperation in space exploration.

Power 120
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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Increasing electric car sales were the main reason for growth in the overall car market, which contracted by 8% for conventional (internal combustion engine) cars but grew by 5% in total, indicating that EV sales are continuing to perform as the market matures. Around 2% of all cars sold were electric.