Automotive giants are accelerating their shift towards electric vehicles (EVs) with significant developments announced. Kia is expanding its EV lineup with the luxurious, high-performance EV9 GT-Line, designed for those requiring three rows. BYD is set to introduce a cheaper Qin electric sedan amid a competitive price war and plans to launch high-end luxury models starting this year. Toyota is investing an additional $1.3 billion in its Kentucky factory for the production of a new three-row all-electric SUV targeted at the US market, including the addition of a battery pack assembly line. These moves reflect a broader industry trend, as Japanese carmakers also continue to invest heavily in EV technology.
Japan’s carmakers are keeping their foot on the accelerator when it comes to investing in electric vehicles. https://t.co/hUMoKiJxwk
Chinese EV giant BYD launches new plug-in hybrid sedan with lower starting price https://t.co/VcoovM4ySX https://t.co/2FRfBbYprR
⚠️ CHINESE EV GIANT BYD LAUNCHES NEW PLUG-IN HYBRID SEDAN WITH LOWER STARTING PRICE Full Story → https://t.co/20HeceVOnq https://t.co/ldobgdzmgB
⚠️ CHINA'S BYD PLANS TO LAUNCH HIGH-END LUXURY MODELS FROM THIS YEAR Full Story → https://t.co/CuLNveH0yQ China's BYD said it plans to launch a number of high-end luxury models from this year. https://t.co/WPqgDZ6jgB
China's BYD plans to launch high-end luxury models from this year https://t.co/ybGR0BTo3Y https://t.co/xJnyHjA1dV
🗞️ @Toyota is investing an additional $1.3B in its Kentucky factory to prepare for production of a new three-row all-electric SUV for the US market. The investment top up will be used to add a battery pack assembly line. https://t.co/LBTWRSbcte https://t.co/Vl4vcyLTqx
BYD said to be launching cheaper Qin electric sedan amid price war https://t.co/no33d6Yz1X
The #Kia #EV9 GT-Line builds on Kia's electrified lineup with a luxurious, high-performance EV for those who need three rows. https://t.co/j3WLFPhyh1