Etiqueta: NEV

BYD has inaugurated its new Thailand plant as well as produced its eight-millionth new energy vehicle in Rayong, Thailand, marking two

05 Jul 2024 - Even though Tesla has again managed to remain ahead of BYD in the global battery-powered EV (BEV) production and sales race, analysts say it's only a matter of time before the Chinese car giant moves into the lead.

BYD held a ceremony for the completion of its factory in Thailand and the production of its 8 millionth new energy vehicle.

The facility encompasses processes of stamping, painting, welding, final assembly, and producing car components.

China's BYD saw its 8 millionth new energy vehicle rolled off its assembly line at its new plant in Thailand on Thursday.

Chinese carmaker BYD is partnering with leasing and mobility giant Ayvens to drive take-up of its electric cars and LCVs in Europe. The two firms have si

The Azerbaijani government will also purchase 200 electric buses from BYD each year between 2025 and 2028, with localized assembling.

BYD officially entered the Thai market in 2022 and now has a 41 percent share of the local NEV market.

BYD's BEV market share is set to surge in 2024, the year it is expected to overtake Tesla in BEV sales. This shift underscores the dynamic nature of the global EV market, said Counterpoint.