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BYD fuels EV price war in China, cutting MSRPs of newly refreshed Tang and Han models

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While Build Your Dreams (BYD) continues to gain global attention for its latest EV innovations, the Chinese automaker is targeting its home turf for its latest strategy. Earlier today, BYD launched refreshed versions of its flagship Han and Tang models, stoking an ongoing EV price war overseas by slashing the MSRPs of the updated models.

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XPeng Motors CEO shares plans to launch 30-ish new and refreshed EVs through 2027

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China is returning to work following a break to celebrate the 2024 Lunar New Year, and XPeng Motors looks to hit the ground running with massive expansion plans. According to an internal letter, XPeng Chairman CEO He Xiaopeng detailed plans to deliver about 30 new and updated EV models over the next three years, bridging the price gap between $14,000 and $56,000 vehicles in China.

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BYD shares first official images of its ultra-affordable Yuan Up SUV

Just over a week after initially teasing a new compact SUV called the Yuan Up, Build Your Dreams (BYD) has posted several of the first official images of the new EV’s exterior. Expected to arrive priced in a range between $14,000-$20,000, the BYD Yuan Up has the making to be an ultra-affordable model in China, which could very well make its way over to other markets.

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BYD teases a new compact SUV called Yuan Up, which could arrive priced below $15,000

Fresh off earning the crown as the best-selling brand in China, BYD has (briefly) introduced a new compact SUV to its Yuan family of EVs – one of the larger contributors to its overall sales last year. From what we’ve seen so far, the Yuan Up looks small but mighty, touting some of BYD’s best tech – all at an expected starting price that is sure to entice consumers.

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EV competition heats up in China as Geely’s Galaxy brand launches E8 starting under $25k

Less than a year after its launch in China, Geely’s sub-brand Galaxy has begun selling its first all-electric model – the E8. Starting at a price below $25,000, the Galaxy E8 sedan looks extra sleek, and it touts some more than adequate EV technology, arriving as a genuine contender in an ultra-competitive Chinese market.

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Chinese EV maker Nio to spin off battery unit: report

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For years, Chinese EV maker Nio has essentially done it all, delving into high-end EV manufacturing, in-house batteries, autonomous driving, and chips, as well as innovative battery-swapping tech and even making smartphones, all while pulling in huge investments and talent to make that happen. Now, according to a new report, it’s looking to lighten the load.

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Mercedes-Benz, BMW form JV to deploy a EV charger network, but not where you’d expect

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Legacy German automakers and competitors in the luxury EV segment, Mercedes-Benz and BMW, announced they have teamed up for a new joint venture to implement a EV fast charging network consisting of over 1,000 stations in the next few years. Where the European companies intend to deploy these chargers however, may surprise you.

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