Baua Electric

MARCH 11, 2024

A new report claims BYD’s new EV platform will slash costs even further as the automaker kicks off a “liberation battle” against gas-powered cars. Best known for its low-cost EVs, such as the Dolphin, Atto 3, and sleek Seal sedan, BYD is taking its game up a notch in 2024. BYD is leading an offensive against ICE vehicles.

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Baua Electric

AUGUST 1, 2024

BTD is quickly expanding into other key overseas markets like Thailand, Indonesia, Australia, Brazil, and Mexico, which are vital to Japanese exports. Nissan and Honda deepening their alliance (with Mitsubishi joining in) comes as Toyota, Japan’s largest automaker, saw global sales slide 5% in June. Toyota’s sales are down 0.9%

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Baua Electric

NOVEMBER 21, 2024

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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Baua Electric

OCTOBER 31, 2024

BYD teases new luxury EV interior ahead of its debut The company’s head of brand sales, Zhao Changjiang, confirmed Denza would launch the Z9 at the 2024 Guangzhou Auto Show on November 15. The new luxury EV will follow the Denza Z9 GT , which opened pre-sales in August, starting at $47,700 (339,800 yuan). billion) and revenue ($28.2

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Baua Electric

SEPTEMBER 25, 2024

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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Baua Electric

NOVEMBER 4, 2024

BYD went on a hiring spree over the past few months as sales and profits reached new levels. As vehicle sales continue gaining momentum in China and overseas, BYD went on a major hiring spree to help fuel the expansion. Through October, BYD’s NEV sales topped 3.25 After selling a record 1.1 billion (RMB 11.6 billion (RMB 201.1

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Baua Electric

NOVEMBER 20, 2024

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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Baua Electric

AUGUST 23, 2024

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.

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Baua Electric

AUGUST 28, 2024

BYD credited the Q2 profit surge to rebounding vehicle sales, which reached a new record. BYD record vehicle sales lead to higher Q2 profits BYD announced net income reached RMB 9.06 billion), driven by higher vehicle sales. Although most of BYD’s sales are still in China, the company is quickly expanding overseas.

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Baua Electric

JUNE 21, 2024

After already becoming an EV leader in overseas markets like Thailand, Israel, and Australia, BYD is rapidly expanding its presence in South America. Sales are surging after launching its cheapest EV in Brazil in March, the $20,000 (99,800 BRL) Seagull (called the Dolphin Mini overseas). Mexico is already a key player in the EV market.

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Green Car Congress

JULY 17, 2015

Already Porsche, Mercedes and other high-end automotive manufacturers are making such PHEVs because of the availability of low-cost electricity from wind and solar and the availability of government incentives which make them competitively priced in the beginning. The convenience and low cost of this concept alone merit attention.

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Baua Electric

SEPTEMBER 26, 2024

Low-cost EVs from China are flooding global markets, causing the US, Canada, and the EU to tack on significant tariffs on imports. Chinese automakers like BYD are quickly gaining market share in other global markets, such as Thailand, Singapore, Turkey, Brazil, and Mexico. The Chinese EV leader is quickly approaching Ford.

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Baua Electric

SEPTEMBER 3, 2024

China’s largest EV maker continued its growth streak after setting another new sales record last month. August was BYD’s third consecutive month with record sales. After selling another 145,627 electric cars last month, BYD topped the 1 million EV sales mark for 2024. BYD opened its first plant in Thailand in July.

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