Baua Electric

OCTOBER 11, 2024

Despite an influx of new competition and an intensifying price war in China, BYD is still taking market share. BYD Seagull EV (Source: BYD) The BYD Seagull starts at under $10,000 (69,800 yuan) in China and is already stealing market share overseas. With low-cost EVs like the Seagull, Dolphin, and Yuan Plus, BYD is leading the market.

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Teslarati

JUNE 18, 2024

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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Baua Electric

NOVEMBER 21, 2024

With China’s auto market becoming flooded with low-cost competitors, BYD is looking to key overseas markets to drive growth. After opening its first plant in Thailand earlier this year, a booming EV region, BYD plans to open up shop in another major Southeast Asian market.

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Baua Electric

NOVEMBER 20, 2024

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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Baua Electric

OCTOBER 31, 2024

BYD’s new luxury electric sedan, the Denza Z9, will hit the market next month. BYD is rapidly expanding into new overseas markets to continue its growth. The company opened or plans to open new plants in Thailand, Turkey, Brazil, Mexico, and Hungary to expand its global footprint. It’s official. Check out the images below.

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Baua Electric

SEPTEMBER 25, 2024

BYD’s new partnership is another significant milestone as it takes on new markets. BYD Atto 3 during the launch event in Kenya (Source: CFAO Mobility Kenya) Going global For BYD, launching EVs in Kenya is another significant milestone as it expands into new global markets. BYD’s Atto 3 electric SUV stole the show.

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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. FTC: We use income earning auto affiliate links.

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