Baua Electric

OCTOBER 25, 2024

After charging up third-quarter sales, Kia plans to ramp up output of its new low-cost EV3 model. The compact electric SUV helped boost Kia’s EV sales numbers in the third quarter. The company already calls the low-cost EV a “game changer” in Korea. Would you buy Kia’s low-cost EV3 for around $30,000?

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Baua Electric

JUNE 20, 2024

BYD’s Yuan family consists of the Yuan Plus, Yuan Up, and Yuan Pro SUVs. After launching in February 2022, the Yuan Plus (known as the Atto 3 overseas) is the first electric SUV underpinned by BYD’s e-platform 3.0 In September, the 500,000th Yuan Plus rolled off BYD’s assembly line. Hyundai and Kia’s share fell 3.5% last year to 76.6%

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Baua Electric

DECEMBER 31, 2024

Can BYDs low-cost EVs break Hyundais grip in the region? Chinas largest automaker expects sales to quickly accelerate in places like Europe with EVs tailored to customer preferences, like its new Sealion 07 mid-size electric SUV. Meanwhile, Kias electric EV3 SUV starts at around $30,000 (42.08 million won). million won).

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Baua Electric

AUGUST 28, 2024

BYD Seal test drive in Mexico (Source: BYD) Low-cost EVs, overseas expansion fueling growth BYD’s auto (and related) sales accounted for 76% of revenue, generating RMB 228.3 It’s also planning to open facilities in Mexico, Hungary, Brazil, Turkey, and Pakistan. BYD reported first half 2024 revenue of RMB 301.1

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Baua Electric

APRIL 1, 2024

Ford is moving inventory after slashing prices by up to $8,100 on its best-selling electric SUV, the Mustang Mach-E , last month. In February, sales of the electric SUV surged 64% year over year. However, Mach-E sales were down 20% through the first half of 2023 as Ford retooled its plant in Mexico, where the vehicle is assembled.

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Baua Electric

JANUARY 14, 2025

Hyundai IONIQ 5 drives new EV export record in 2024 Since launching in February 2021 , Hyundais electric SUV has continued winning over buyers around the world. In the US, Hyundais electric SUV was the fifth best-selling EV in 2024 , behind only the Tesla Model Y, Model 3, and Ford Mustang Mach-E.

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Baua Electric

NOVEMBER 14, 2024

Kia’s new models will feature its latest design theme, shown in its next-gen EV models like the three-row EV9 and compact EV3 electric SUVs. It will likely be the smaller EV3 electric SUV. Earlier this week, Kia said the compact electric SUV is now available in Europe with a “segment-leading” range of up to 375 miles.

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Baua Electric

SEPTEMBER 25, 2024

BYD’s Atto 3 electric SUV stole the show. Loxea, a branch of CFAO Mobility , launched BYD’s electric SUV (Atto 3), sedan (Seal), and hatch (Dolphin). BYD launches in Kenya with three new EVs Leading dealer Loxea announced the launch of BYD’s EVs on Wednesday at the Toyota-CFAO Mobility Kenya Limited Showroom.

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Baua Electric

JULY 16, 2024

The Seal is BYD’s answer to the Tesla Model 3, while the Atto 3 is a low-cost electric SUV. The automaker is launching new EVs in South Korea, Mexico, Europe, Thailand, Brazil, and many others. It’s also building EV plants in Europe, Thailand, Mexico, and other regions as it expands outside China.

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Baua Electric

JUNE 4, 2024

In Mexico, it starts at $19,780 (358,800 pesos). Despite potential tariffs, BYD still expects the low-cost EV to start at less than 20,000 euros ($21,500), still thousands lower than its rivals. BYD Shark launch event (Source: BYD) BYD launched its first pickup last month in Mexico, the Shark PHEV. Powered by a 29.58

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Baua Electric

MARCH 4, 2024

However, Mach-E sales were down 20% through the first half of 2023 as Ford retooled its Cuatitlan, Mexico plant, where the EV is assembled. Rivian’s R1S electric SUV was the seventh best-selling EV last year, with over 24,783 units sold. Farley said Ford developed a “super talented skunk works team to create a low-cost EV platform.”

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Baua Electric

SEPTEMBER 13, 2024

BYD Sea Lion 07, the brand’s first “mid-sized urban smart electric SUV” (Source: BYD) With new low-cost, efficient EVs hitting the market, BYD continues to see higher demand. BYD plans to open plants in Turkey, Mexico, Brazil, and Pakistan as it enters new markets.

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Baua Electric

JUNE 3, 2024

Electrek’s Take BYD’s low-cost EVs are already worrying overseas rivals. Although BYD is best known for its affordable EVs, it is quickly expanding into new popular segments like mid-size SUVs, luxury, and pickups. BYD unveiled the Shark PHEV pickup in Mexico, which will rival Toyota’s Hilux and the Ford Ranger globally.

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Baua Electric

MARCH 21, 2024

Audi plots a new lower-cost EV, an electric A3 or Q3 After unveiling the new Q6 e-tron this week, its next-gen premium mid-size electric SUV, Audi, is planning a smaller, lower-cost EV. The American automaker is developing a new low-cost EV platform to underpin a smaller electric pickup and SUV.

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Baua Electric

OCTOBER 31, 2024

The company is also expanding its lineup of smart electric SUVs, electric supercars, and luxury models. The company opened or plans to open new plants in Thailand, Turkey, Brazil, Mexico, and Hungary to expand its global footprint. However, the EV giant is quickly expanding into new segments. billion) and revenue ($28.2

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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. BYD launches Shark PHEV pickup in Cambodia (Source: BYD) BYD is also planning to open EV plants in Mexico, Brazil, Pakistan, Hungary, and Turkey as it competes with Ford and Toyota in the global auto market.

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Baua Electric

OCTOBER 22, 2024

The EV4 concept is part of Kia’s new low-cost electric car lineup, including the EV3 and EV5. Kia’s EV4 was showcased next to the compact EV3 and EV5 SUVs, both of which have already hit the market. According to TheKoreanCarBlog , Kia plans to begin building EV3 models in Mexico by the end of the year. What do you think?

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Baua Electric

NOVEMBER 4, 2024

Electrek’s take With new pickup trucks, mid-size smart SUVs, luxury models, and electric supercars launching, BYD’s recent hiring spree should come as no surprise. The company opened its first manufacturing plant in Thailand this summer, with several more planned in Hungary, Turkey, Brazil, and Mexico.

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Baua Electric

AUGUST 1, 2024

Nissan Ariya electric SUV (Source: Nissan) Electrek’s Take With Japanese automakers being some of the biggest laggards in the auto industry’s shift to electric, it’s no surprise they are partnering up. Ford is working on a low-cost EV platform with software at its heart. And that’s just one market.

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Baua Electric

MARCH 20, 2024

The race for lower-cost electric cars Automakers are rushing to introduce new low-cost EVs. According to a new Bloomberg Businessweek report, Ford plans to launch a new low-cost EV platform. The platform will underpin a next-gen smaller electric pickup and SUV with starting prices around $25,000.

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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

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 28, 2025

Although sales of its first electric SUV, the Prologue, surged last year after deliveries began in March, Honda is launching an entire new lineup of EVs soon. Honda 0 Saloon & SUV Prototypes at 2025 CES (Source: Honda) Honda showcased two concepts from the lineup, an SUV and a Sedan, at the Consumer Electronics Show (CES) last month.

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Baua Electric

FEBRUARY 6, 2025

Farley explained on the call that Theres no question that tariffs at 25% level from Canada and Mexico, if theyre protracted, would have a huge impact on our industry, with billions of dollars of industry profits wiped out and an adverse effect on the US jobs. The SU7 starts at around $30,000 (215,900 yuan).

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Baua Electric

FEBRUARY 4, 2025

Although Ford plans to launch smaller, more affordable EVs, including an SUV and pickup, they wont arrive for (at least) another two years. With new threats, including a wave of lower-cost EVs and Trump threatening to impose tariffs on imports from Mexico, will Fords aging lineup set it further behind?

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Baua Electric

SEPTEMBER 3, 2024

BYD is waiting to see if former President Donald Trump or Vice President Kamala Harris wins the US election before it reveals plans for a new plant in Mexico. It’s also planning facilities in Pakistan , Turkey, Brazil, and Mexico. During the Dolphin Mini launch event, BYD’s senior vice president, Stella Li, also visited Mexico City.

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