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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. market, the company’s recent release of a city EV with a price tag under $10,000 has some worried for when it and other low-cost companies do. While BYD said just last month that it has no plans to enter the U.S.

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BYD unveils new low-cost ‘interstellar chariot’ electric SUV complete with a drone landing

Baua Electric

If you ever wanted an electric SUV that looked straight out of a Star Wars movie (other than Tesla’s Cybertruck), BYD has just the vehicle for you. BYD’s Fang Cheng Bao brand unveiled its new Super 3 electric SUV concept Tuesday, which has a rugged “interstellar chariot” design. FTC: We use income earning auto affiliate links.

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BYD had its slowest profit growth in two years in Q4

Teslarati

Chinese automotive giant and electric vehicle (EV) maker BYD posted its 2023 earnings results this week, with the company reporting its slowest quarterly growth rate in almost two years. In its full-year 2023 earnings report shared on Tuesday, BYD posted an 18.6 The $10,000 BYD Seagull EV is scaring the U.S. billion yuan (~1.2

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BYD to slash EV prices even more with new platform as it looks to crush ICE car sales

Baua Electric

BYD is leading an offensive against ICE vehicles. A new report claims BYD’s new EV platform will slash costs even further as the automaker kicks off a “liberation battle” against gas-powered cars. Best known for its low-cost EVs, such as the Dolphin, Atto 3, and sleek Seal sedan, BYD is taking its game up a notch in 2024.

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BYD sees NEV share reaching 50% in the next 3 months in China as EV price war heats up

Baua Electric

last week in China, BYD’s CEO Wang Chuanfu said at this rate, 50% NEV share could happen in the next three months. BYD chairman predicts 50% NEV share in China sooner “The penetration rate of NEVs crossed 48.2 Last year, NEVs accounted for 35% of China’s auto sales. FTC: We use income earning auto affiliate links.

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BYD slashes EV prices in Germany as it looks to push past Tesla, EU automakers

Baua Electric

BYD is significantly lowering EV prices in Germany to extend its global lead. The automaker slashed prices by up to 15% on its most popular EVs. BYD cuts EV prices in Germany in overseas expansion After overtaking Tesla in EV sales in the last three months of 2023, BYD aims to extend its lead in key markets.

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Nissan and Honda may team up to slash EV prices and take on Chinese automakers like BYD

Baua Electric

Nissan and Honda are considering teaming up to introduce more affordable EVs to compete with Chinese automakers like BYD. The aim is to reduce EV prices as the automakers look to Chinese automakers with low-cost models like BYD. Will a partnership with Nissan to lower EV prices be any different?

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