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

Baua Electric

Leading EV maker BYD is quickly expanding overseas after dominating its home market. 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. Once up and running, BYD’s new plant in Thailand is expected to build 150,000 EVs a year.

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Kia mulls EV plant in Thailand to take on Toyota and BYD with affordable electric cars

Baua Electric

Can Kia challenge Toyota, which has dominated the market in Thailand, with affordable EVs? Chinese automakers like BYD are already stealing market share, but Kia is in talks over a new EV plant in Thailand that could help position itself as an early leader. billion in EV investments.

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Hyundai takes aim at BYD with new EV and battery plant in this surging overseas market

Baua Electric

Hyundai is upping the ante on China’s leading EV maker with plans to dish out $28 million (1 billion baht) on a new EV assembly and battery plant in Thailand. BYD is leading the “Detroit of Asia’s” surging EV market, but Hyundai looks to grab its share. And that’s after entering the market just two years ago.

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BloombergNEF shares its 2024 Electric Vehicle Outlook

Teslarati

The auto industry continues to shift toward electric vehicles (EVs), and while sales growth has slowed somewhat this year at many companies and in many markets, recent guidance shows that it may only be in the near-term. Last month, Bloomberg data suggested that the ongoing EV sales slowdown in the U.S.

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Thai researchers find waste chicken fat a good low-cost feedstock for renewable diesel

Green Car Congress

In a study investigating the effect of the water and free fatty acid (FFA) content in waste chicken fat from poultry processing plants on the production of renewable diesel (not biodiesel), researchers in Thailand have found that both higher FFA and water content improved the biohydrogenated diesel (BHD) yield.

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Ford is cutting another 4,000 jobs in Europe as it loses ground in the global EV race

Baua Electric

Ford is slashing another 4,000 jobs in Europe as it struggles to keep pace with the market’s shift to electric vehicles (EVs). The American automaker said a “highly disruptive” EV market and new competition are causing significant losses in the region. A Ford spokesperson confirmed the move, citing a “rapidly deteriorating” EV market.

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BYD breaks into Toyota-dominated Japan as EV sales climb

Baua Electric

According to the latest sales data, BYD accounted for nearly 3% of Japan’s EV market in the first half of 2024. A year and a half later, the Chinese automaker is already making a big statement as it cuts into Japan’s hard-to-crack auto market. The Seal is BYD’s answer to the Tesla Model 3, while the Atto 3 is a low-cost electric SUV.

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