Baua Electric

AUGUST 23, 2024

With low-cost EVs hitting key global markets, BYD is quickly catching up to Ford. It opened its first in Thailand last month, with Hungary, Brazil, Turkey, Mexico, and Pakistan plants in the works. BYD Shark PHEV pickup (Source: BYD) Ford’s wholesales reached 1.14 BYD is now the world’s seventh-largest automaker.

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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 billion ($42.2

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Baua Electric

SEPTEMBER 3, 2024

It’s also planning facilities in Pakistan , Turkey, Brazil, and Mexico. With new models rolling out, including its first truck, the Shark PHEV pickup , BYD sees Mexico as a key growth driver. BYD is best known for its low-cost EVs like the Seagull EV (Dolphin Mini overseas), which starts at just $9,700 (69,800 yuan) in China.

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