Leading EV maker BYD is quickly expanding overseas after dominating its home market. BYD is now set to begin production at its new EV plant in Thailand in the third quarter as it looks to accelerate overseas sales.
BYD set to begin EV production in Thailand in Q3
After showcasing its full range of brands at the Bangkok Auto Show this week, BYD said it will kick off EV production in the country in Q3.
BYD was Thailand’s best-selling EV maker last year. The fully electric BYD Atto 3 SUV was the top-selling electric model, with over 19,200 units delivered. BYD’s general manager of its Asia-Pacific Sales Division said people were lining up to purchase the car after hitting its 10K sales goal in just 42 days.
After breaking ground on its first car plant in Thailand last March, construction is expected to wrap up in the next few months.
The company announced Friday its investment will create a significant number of jobs while bringing advanced EV manufacturing tech to the region. BYD showcased its entire lineup of brands overseas for the first time, including BYD, Yangwang, Fang Cheng Bao, and Denza.
BYD brands at the Bangkok International Auto Show (Source: BYD)
New EVs, including the Song Max, Sealion (Sea Lion 07 in China), Song Plus (Seal U), Yangwang U9 supercar, and the Fang Cheng Boa 5, made their debut in Thailand.
Once up and running, BYD’s new plant in Thailand is expected to build 150,000 EVs a year. The automaker solidified its commitment to the region as Thailand works toward its goal of having 30% of vehicles manufactured in the country to be electric.
BYD Atto 3 production (Source: BYD)
After beginning production at its Uzbekistan plant in January, BYD is building new facilities in Hungary and Brazil as it expands the brand overseas.
According to recent reports, BYD is pushing back plans for an additional factory in Vietnam amidst the expansion.
BYD Dolphin Mini (Seagull) launch in Brazil (Source: BYD)
Electrek’s Take
Although Japanese automakers, like Toyota, have long dominated the Thai auto market, BYD is making its presence known.
Toyota’s sales are down over 24% in Thailand through February as EV makers like BYD continue stealing market share.
According to the Federation of Thai Industries, ICE car production fell 95% year over year in January, while EV production skyrocketed 9,214%. BYD looks to take advantage of the nation’s transition to EVs with a full lineup of domestically built models.
After launching a “liberation battle,” as BYD calls it, against ICE cars, the automaker says EVs have entered the “knockout round,” as it plans to cut costs even further.
BYD is pressuring legacy automakers after slashing EV prices and introducing a series of more affordable “Honor Edition” models. Its cheapest, the new Seagull EV, starting at just $9,700 ((69,800 yuan), is being watched closely by rivals.
Ford’s CEO Jim Farley called the low-cost EV “pretty damn good,” warning the competition of incoming Chinese electric cars. Farley said if automakers fail to keep up, “20% to 30% of your revenue is at risk.”
In response, Ford is shifting its plans to focus on smaller, more affordable EVs. Its first low-cost EVs will be a smaller pickup and SUV. The first model is expected to roll out in 2026 with prices around $25,000. It will rival Tesla’s entry-level $25,000 EV.
Tenways AGO T mid-drive e-bike with a 62-mile range and $50 in free gear at $2,399 low in latest sale
Tenways has launched a new Summer Sale that is taking up to $600 off its e-bike lineup while also offering an additional $300 savings when buying two models together. Among the offers this time, we’re seeing the lowest price to date continuing on the AGO T Premium Mid-Drive Urban e-bike for $2,399 shipped while also getting a free front carrier valued at $50. Normally, this higher-end model would cost you $2,699 at full price, which we saw brought down to the $2,399 low for the first time during the brand’s July 4th Sale. Now you’re getting another chance at that $300 markdown here while the savings last, dropping the costs back to the best price we have tracked. As always, there is an extra $150 savings available for medical providers, first responders, military personnel, and teachers with verification through ID.me on any of the e-bikes’ landing pages.
Aside from Tenways’ new CARGO ONE e-bike that recently released, the AGO T Urban e-bike is the highest-end of the brand’s models, cruising into view with a Bafang M420 mid-drive motor coupled with a 504Wh battery to provide up to 62 miles of pedal-assisted travel at up to 20 MPH top speeds. It shouldn’t be surprising that this premium model also comes with a superior torque sensor to support its PAS capabilities, with the settings controlled via the TFT LCD color display screen.
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There’s plenty of high-quality features you’ll be getting here too, like a hydraulic front lockout fork, the hydraulic disc brakes, puncture-resistant tires with fenders over each, a Gates CDX carbon belt drive, an Enviolo stepless shifting hub, an integrated rear cargo rack, integrated front and rear lighting, a suspension seat post, and more. There are even connectivity options through its companion app, the standout of which is the ability to cast directions from your phone onto the bike’s display for more seamless navigation.
Score DJI’s latest Power 2000 2,048Wh LiFePO4 station with $900 savings at a new $999 low
By way of its official Amazon storefront, DJI is giving folks a lower-than-ever price on its new Power 2000 Portable Power Station at $999 shipped, after using the promo code DJIPOWER2000 at checkout. This model was just released at the top of the month, with it waiting no time before dropping from its original $1,899 price tag to $1,299, which held out all of last week until falling to $1,099, with the promo code taking things even further. You’re looking at a combined 47% markdown that gives you $900 off its tag, landing it at a new all-time low price. You can also alternatively pick up its Power 1000 predecessor at $549 shipped right now, after redeeming the on-page coupon.
EcoFlow flash sale takes up to 53% off two power station offers, a WAVE 3 bundle, and an extra battery starting from $1,199
As part of its ongoing Phase 3 Prime Day Sale, EcoFlow has launched the next 48-hour flash sale through July 16, with four units getting up to 53% discounts to some of the best prices we have tracked. Among the two power station deals, you’ll find the brand’s DELTA Pro Portable Power Station with a free protective bag at $1,749 shipped, with the extra savings unfortunately not applicable here. Priced at $3,699 in full, we regularly see it down between $1,799 and $1,999, especially at Amazon, where it’s currently sitting $50 higher in price. While we have seen it go as low as $1,694 in the past, you’re still looking at a larger-than-normal 53% markdown off the going rate, giving you $1,950 in savings and landing it $55 above the all-time low. Head below for more on this unit and the others we’re seeing included in this flash sale.
Cover hedge jobs with this Greenworks 40V 20-inch pole trimmer at $114 low
Amazon is offering the Greenworks 40V 20-inch Cordless Pole Hedge Trimmer for $113.99 shipped. Coming down from its usual $170 pricing, where the brand’s direct website currently has it listed, we only saw discounts in 2025 dropping costs to $140 until this past week, when Prime Day brought it lower than ever to the rate that is continuing into this week. You’re looking at a $56 markdown to the best price we have tracked and giving you the chance to save big while Prime Day benefits linger.
Tackle yard work with 8-in-1 versatility using Worx’s transforming Aerocart at $169.50
Amazon is offering the Worx Aerocart 8-in-1 Yard Cart at $169.50 shipped, which comes in $0.50 under the current Best Buy Deals of the Day pricing. Usually going for $200 to $230 at full price, we’ve mainly seen it in 2025 keeping near $173, with it more recently keeping down between $169 and $170 at the lowest. While it’s fallen lower in the past, those rates haven’t reappeared this year at all, with today’s deal being a solid $60.50 markdown at the second-best price of the year – just $0.50 above the annual low.
The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.
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Range Rover’s first electric SUV will finally arrive later this year. Ahead of its official launch, early reviews show the upcoming EV stays true to the Range Rover heritage, but there are a few things you should know.
Range Rover will launch its first EV later this year
Since launching its first vehicle 55 years ago, the Range Rover brand has become an iconic symbol of off-road capabilities, elegant design, and luxurious interiors.
With its first all-electric SUV due out later this year, Range Rover promises it will “refine and craft the epitome” of the luxury brand.
Although Range Rover is currently putting the electric SUV through “the most intensive testing” any of its vehicles has endured, Autocar got their hands on a prototype for an early review.
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The Range Rover Electric may look like the iconic SUV we’ve grown to love, but with an electric powertrain, it offers even more.
“A Range Rover more calm and assured, almost regardless of circumstance, than any in its 55-year lineage. Electrification yields a lot, but sacrifices little,” Matt Sanders, Autocar’s chief car tester, said after driving the prototype.
Range Rover Electric testing in Sweden (Source: JLR)
Based on the MLA platform, the electric SUV features JLR’s new in-house powertrain. The dual-motor setup packs a combined 542 hp and 627 lb-ft of torque.
The EV draws power from a massive 118 kWh battery, which is expected to deliver around 300 miles of real-world range. Sanders said he had about 160 miles of range remaining at half charge during the review.
Range Rover Electric SUV prototype testing (Source: JLR)
However, even JLR’s engineers admit that due to the SUV’s (not so) aerodynamic profile, 300 miles may be optimistic during longer-range highway driving. The engineers highlighted that the vehicle’s 800V architecture offers some of the fastest DC charging speeds on the market.
The electric SUV can also tow over 7,700 lbs (2.5 tons). Although this is less than the current Range Rover’s 3.5-ton towing capacity, it’s still on par with other luxury SUVs, such as the Mercedes G-Class.
Range Rover Electric prototype (Source: JLR)
To add more power, more motors, and bigger batteries would be required, according to Simon Fairbrother, Range Rover’s Chief Program Engineer.
Inside, the cabin is nearly identical to that of the current Range Rover SUV, featuring a plethora of digital screens and physical buttons in front of the driver. If anything, the only thing that could be changed is that the “Range Rover Electric deserves bigger heating and ventilation controls than other derivatives,” Sanders wrote.
Range Rover Electric prototype testing (Source: JLR)
JLR’s new in-house thermal management system (ThermAssist) is about 40% more efficient than the system of the Jaguar I-Pace, its first all-electric vehicle.
Range Rover’s first E will be offered in standard and long wheelbase variants. The extended wheelbase model will be about the same size as the outgoing Range Rover SUV, but it’s expected to still include enough second-row space to take it into “Bentley or Rolls-Royce territory for sheer lounging space.”
JLR reveals new Range Rover logo (Source: JLR)
Since Autocar only drove the vehicle at speeds under 20 mph, we’ll have to wait to hear more about on- and off-road performance.
Sanders did mention that “the Range Rover Electric can simply ease itself up, down, over and around everything before it inspires incredible confidence in its capabilities” while driving through forest racks.
We will learn the prices closer to launch, but JLR is reportedly aiming for a price around the same as the V8 Autobiography, at just under £150,000 ($200,000).
Range Rover’s first EV has already secured over 61,000 clients on the waitlist ahead of its upcoming debut. JLR also revealed the luxury brand’s first logo, which we could see debut on the new electric SUV.
Source: Autocar
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The move dealt a major setback to the digital asset industry, which had framed this week as a turning point for regulatory clarity in Washington, D.C.
Circle, the stablecoin issuer that’s soared in value since its public market debut last month, fell about 5% after the vote. Crypto exchange Coinbase and bitcoin miner MARA Holdings bothslipped about 2%.
Even after Tuesday’s drop, Circle shares are still up more than sixfold from their IPO price. The company is the issuer of USDC, the second-largest dollar-pegged stablecoin, with about 24% of the global market. Circle didn’t immediately respond to a request for comment.
The legislation, including the GENIUS Act, would mark the first time the U.S. sets federal rules for stablecoins, a $260 billion corner of the crypto market that underpins most digital asset trading. The bill establishes full-reserve requirements, mandates monthly audits, and creates a path for private companies to issue regulated digital dollars under the blessing of the U.S. government.
Treasury Secretary Scott Bessent has said the market for U.S. stablecoins could grow eightfold to more than $2 trillion in the coming years if this bill is enacted. White House AI and crypto czar David Sacks had predicted it could unlock “trillions” of dollars in demand for U.S. Treasury notes virtually overnight.
The vote came just hours after Fairshake, the crypto industry’s most powerful PAC, disclosed $141 million in cash on hand as it fights for regulatory victories and backs pro-crypto candidates heading into the 2026 midterms. The committee didn’t provide a comment for this story.
House leadership is tentatively planning a second vote as early as Tuesday evening, though it’s unclear whether the rule or bill text will be modified to satisfy holdouts.