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May vehicle sales in Thailand up 4.7%, production up 10.3% (detailed report)
May vehicle sales in Thailand up 4.7%, production up 10.3% (detailed report) According to the Federation of Thai Industries (FTI), May vehicle sales in Thailand increased 4.7% year over year to 52,229 units. This marks the second consecutive month of growth, driven by rising sales of BEVs, PHEVs, and ICE passenger cars. The growth is attributed to increasingly affordable vehicle pricing. However, ICE pickup truck sales continued to decline, impac...
News Updated at: 2025/06/27
voestalpine, Austria to supply flat steel for bodies and outer skin components to BYD Hungary plant
voestalpine, Austria to supply flat steel for bodies and outer skin components to BYD Hungary plant On June 24, voestalpine announced that it has been selected by BYD as the first supplier for its new plant in Hungary. Starting in autumn 2025, voestalpine will supply high-quality flat steel for car bodies and outer skin components to BYD in Szeged, Hungary, from its Linz plant. voestalpine has set new standards in the production of lightweight ...
News Updated at: 2025/06/25
GlobalData blog: The rise of Chinese automotive brands in Europe: Insights from 2025 so far
al a remarkable 87% increase in Passenger Car sales in Europe (EU, EFTA, UK) compared to the same period in 2024, while the overall market contracted by 0.4%. Norway: a glimpse into the future? Norway stands out as the leading market with the highest share of Chinese origin brands, at 9%, driven by BYD, MG and XPeng. This success can be correlated to Norway’s impressive adoption of Battery Electric Vehicles (BEVs), which is nearing 90%. The pre...
News Updated at: 2025/06/23
China Passenger Car Association analysis of production and sales volumes for May 2025
China Passenger Car Association analysis of production and sales volumes for May 2025 The China Passenger Car Association (CPCA) announced the production and sales volumes of passenger cars (including sedans, SUVs, and MPVs, excluding minivans) for May 2025. China passenger car production and sales volumes in May 2025 Retail May retail sales volumes of passenger cars totaled 1.932 million units, reflecting a year-over-year (y/y) increase of 13.3%...
News Updated at: 2025/06/10
BOI actively propels Thailand’s role as ASEAN’s auto and electrified vehicle hub
BOI actively propels Thailand’s role as ASEAN’s auto and electrified vehicle hub Announced on June 9, 2025, the Board of Investment (BOI) is actively driving investments to maintain Thailand’s position as ASEAN’s top automotive hub amid global shifts. The focus includes all electrified vehicle technologies (HEV, PHEV, REEV, BEV) and collaboration with key agencies. Global automakers like BYD, MG, GWM, Changan, and Hyundai have set up regi...
News Updated at: 2025/06/10
Global EV battery installation Jan-Apr up 40.2%, CATL on top with 38.1% share
battery installation increased 40.2% to 308.5 GWh. By national origin among top 10 suppliers, Chinese manufacturers accounted for 68.0% of sales, followed by Korean manufacturers at 17.8% and Japanese manufacturers at 3.0%. The top five suppliers were CATL (up 42.4% YoY to 117.6 GWh, 38.1% share), BYD (up 60.8% to 53.4 GWh, 17.3% share), LG Energy Solution (up 16.3% to 31.4 GWh, 10.2% share), SK On (up 24.1% to 13.4 GWh, 4.3% share), CALB (up 21...
News Updated at: 2025/06/05
BYD confident on approval to reduce import tariff on SKD vehicles to 10% in Brazil
BYD confident on approval to reduce import tariff on SKD vehicles to 10% in Brazil On May 30, BYD Brazil's VP Alexandre Baldy expressed confidence in the approval of the company’s request to reduce the import tariff on SKD (semi-knocked down) vehicles to 10% for the first 12 months of operation. The Dolphin Mini EV will be the first model assembled at the Camaçari plant, potentially followed by the hybrid Song Pro. While the Brazilian automoti...
News Updated at: 2025/06/04
April vehicle sales in Thailand up 1.0%, production down 0.4% (detailed report)
April vehicle sales in Thailand up 1.0%, production down 0.4% (detailed report) According to the Federation of Thai Industries (FTI), April vehicle sales in Thailand increased 1.0% year over year to 47,193 units. In the first 4 months of 2025, vehicle sales were 200,386 units, a decline of 4.8% YoY. According to the FTI, the modest YoY increase was mainly driven by stronger electric passenger car sales. However, pickup truck sales continued to ...
News Updated at: 2025/05/29
BYD Camaçari plant to reach full operation by December 2026
BYD Camaçari plant to reach full operation by December 2026 On May 13, it was reported that BYD’s electric vehicle factory in Camaçari, Bahia, is expected to reach full operation by December 2026, after delays caused by labor investigations. Initially planned for 2025, production will now begin later in 2025 using semi-knocked-down (SKD) kits imported from China. BYD has committed BRL 5.5 billion to the project, aiming to eventually produce 1...
News Updated at: 2025/05/16
China Passenger Car Association analysis of production and sales volumes for April 2025
China Passenger Car Association analysis of production and sales volumes for April 2025 The China Passenger Car Association (CPCA) announced the production and sales volumes of passenger cars (including sedans, SUVs, and MPVs, excluding minivans) for April 2025. China passenger car production and sales volumes in April 2025 Retail April retail sales volumes of passenger cars totaled 1.755 million units, reflecting a year-over-year (y/y) increase ...
News Updated at: 2025/05/14
BYD ranks 8th in Brazil’s auto market in April
BYD ranks 8th in Brazil’s auto market in April On May 7, it was reported that BYD ranked 8th in Brazil’s auto market in April, with 8,485 vehicles registered, surpassing Honda and Nissan. Despite losing some market share (dropping from 4.38% in March to 4.31% in April), the brand maintained its upward trend, repeating its December 2024 position. However, concerns have arisen about BYD’s long-term production plans in Brazil. According to the...
News Updated at: 2025/05/13
Global EV battery installation Jan-Mar up 38.8%, CATL on top with 38.3% share
l battery installation increased 38.8% to 221.8 GWh. By national origin among top 10 suppliers, Chinese manufacturers accounted for 67.5% of sales, followed by Korean manufacturers at 18.7% and Japanese manufacturers at 3.3%. The top five suppliers were CATL (up 40.2% YoY to 84.9 GWh, 38.3% share), BYD (up 62.0% to 37.0 GWh, 16.7% share), LG Energy Solution (up 15.1% to 23.8 GWh, 10.7% share), SK On (up 35.6% to 10.5 GWh, 4.7% share), CALB (up 31...
News Updated at: 2025/05/09
GlobalData blog: Europe’s automotive sales lose global lifelines
king purchases. For OEMs and dealers, this means that additional pressure from lost exports is landing on a customer base that for now appears hesitant to buy. Compounding the challenge is the rapid advance of Chinese automakers in the European market, particularly in the EV segment. Brands such as BYD and MG are steadily increasing their market shares across several European countries, offering competitively priced EVs with strong specifications...
News Updated at: 2025/05/08
Indonesian govt. boosts EV incentives to promote local content and R&D
ia’s Minister of Investment and Head of the Investment Coordinating Board (BKPM) has announced enhanced incentives for EV manufacturers based on their level of local content (TKDN). The higher the TKDN, the greater the incentives provided. Currently, 7 EV manufacturers—VinFast, Volkswagen (VW), BYD, Citroen, AION, Maxus, and Geely—are establishing production facilities in Indonesia, with a combined investment of IDR 15.4 trillion and a proj...
News Updated at: 2025/05/08
Geely planning to launch EX5 electric SUV in Brazil in July 2025
Geely planning to launch EX5 electric SUV in Brazil in July 2025 On April 27, it was reported that Geely is planning a new launch its EX5 electric SUV in Brazil in July 2025, marking a new chapter for the Chinese automaker in the country. While its production partnership with Renault at the São José dos Pinhais plant remains pending regulatory approval, Geely plans to expand its imported lineup before year’s end. A second model is already in ...
News Updated at: 2025/05/07
March vehicle sales in Thailand down 0.5%, production down 6.1% (detailed report)
March vehicle sales in Thailand down 0.5%, production down 6.1% (detailed report) According to the Federation of Thai Industries (FTI), March vehicle sales in Thailand decreased 0.5% year over year to 55,798 units. In the first 3 months of 2025, vehicle sales were 153,193 units, a decline of 6.5% YoY. According to the FTI, the decline in overall sales was primarily due to a drop in pickup truck sales, as financial institutions remain cautious i...
News Updated at: 2025/05/01
BYD Cambodia breaks ground on passenger vehicle assembly plant in Sihanoukville SEZ
BYD Cambodia breaks ground on passenger vehicle assembly plant in Sihanoukville SEZ On April 28, 2025, a groundbreaking ceremony was held for BYD Cambodia Co., Ltd.'s car assembly plant in the Sihanoukville Special Economic Zone. The event was presided over by the Deputy Prime Minister, alongside the Chinese Ambassador to Cambodia and various government and company officials. The company plans to invest approximately USD 32 million in the first ...
News Updated at: 2025/04/30
BYD to start operations at Camaçari plant in June 2025
BYD to start operations at Camaçari plant in June 2025 On April 29, BYD announced that it will begin production of the Dolphin Mini at its Camaçari plant in Brazil starting June 2025. The news was confirmed by Stella Li, BYD’s global vice president, during a press conference in Shengzhou, China. The Camaçari facility, formerly owned by Ford, will be BYD’s first car assembly plant outside Asia, with an initial capacity of 150,000 vehicles p...
News Updated at: 2025/04/30
BorgWarner adds production line for LFP Batteries at Piracicaba plant in Brazil
BorgWarner adds production line for LFP Batteries at Piracicaba plant in Brazil BorgWarner revealed plans to add a new LFP (lithium iron phosphate) battery production line at its Piracicaba plant in São Paulo, Brazil. Currently the company is testing prototypes of LFP batteries developed in collaboration with FinDreams Battery, a BYD subsidiary. Production is expected to start in the second half of 2026, with battery cells imported from China fo...
News Updated at: 2025/04/26
Al Amal Group to cease production of BYD cars in Egypt, to produce Forthing cars
Al Amal Group to cease production of BYD cars in Egypt, to produce Forthing cars On April 21, multiple sources reported that the Chairman of the Board of Directors of Al Amal Group stated that the company will permanently cease production of BYD cars in Egypt by August 2025. The move is due to a shortage of raw materials and the end of the model’s production cycle in China, which halted local manufacturing. He further stated that the company is...
News Updated at: 2025/04/24