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Navigant forecasts global natural gas fleet of 34.9M by 2020

Green Car Congress

The increase is largely driven due to a combination of low-cost natural gas and sustained higher prices for gasoline and diesel in many countries, Navigant suggests. Asia Pacific leads in terms of annual sales of NGVs, with 1.2 million sales expected in 2013. million by 2020. Forecasts Natural Gas'

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BYD takes over as China’s largest auto group with low-cost EVs dominating the market

Baua Electric

BYD tops SAIC to become China’s largest auto group After sales surged by 62%, with over 3 million vehicles sold last year, BYD officially became China’s best-selling brand. BYD is now China’s largest auto group after topping SAIC in September sales. September was BYD’s fourth consecutive record-breaking sales month.

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BYD launches popular Dolphin, Seal, and Atto 3 EVs in Kenya with local Toyota dealer

Baua Electric

BYD EV launch event in Kenya (Source: BYD by Loxea Kenya) Although it’s best known for low-cost EVs like the Seagull, which starts at under $10,000 in China, BYD is quickly expanding with new pickup trucks, luxury models, and electric supercars hitting the market. FTC: We use income earning auto affiliate links.

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BYD is now the world’s largest automaker by R&D workforce after major hiring spree

Baua Electric

With over 900,000 employees, BYD aims to continue climbing the global sales charts as it advances new tech to promote longer-range, more affordable EVs. 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.

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BYD chases Ford and Toyota with its latest EV plant set to open in Cambodia

Baua Electric

In October, BYD sold over 500,000 new energy vehicles (NEVs), its fifth straight record sales month and the first time it has crossed the half-million mark in a single month. With China’s auto market becoming flooded with low-cost competitors, BYD is looking to key overseas markets to drive growth.

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

Baua Electric

BYD is already a leading EV brand in key regions like Southeast Asia and Central and South America, but it expects sales to accelerate in the next few months. The EV giant opened its first manufacturing plant in Thailand earlier this year, and more are planned for Hungary, Brazil, Mexico, Pakistan, and Turkey. billion (RMB 11.6

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BYD surges past Honda and Nissan’s sales for the first time, targets Ford with low-cost EVs

Baua Electric

With low-cost EVs hitting key global markets, BYD is quickly catching up to Ford. Affordable EVs driving demand According to MarkLines (via Nikkei ), BYD’s new vehicle sales climbed 40% between April and June to 980,000. A big part of BYD’s surging sales numbers is its incredibly affordable electric cars.