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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. BYD last year sold 1.57

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BYD NEV sales up 262.9% YOY in October

Green Car Congress

BYD sold 88,898 passenger vehicles in October, increasing 90.9% By the end of October, the cumulative annual sales of BYD passenger vehicles topped 200,000 units. positioning BYD as a dominant player in China’s plug-in hybrid vehicles market. BYD Han, the flagship NEV sedan of the Dynasty series, sold 11,087 units in October.

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BYD Europe aims to beat Tesla & big EU automakers

Teslarati

BYD Europe aims to beat Tesla and other prominent EU automakers, like Volkswagen and Stellantis. BYD European boss Michael Shu made bold claims during the Financial Times’ Future of the Car Summit. BYD Europe wants to triple its market in the region by 2025. “We are confident that we could be in a leading position.

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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 offers discounts for Song and Seal as China's auto price war intensifies

CN EV Post

Consumers who order BYD 's Song Plus lineup this month will receive a discount of RMB 6,800, or RMB 8,800 for the Seal. Image from BYD's Weibo) As the price war intensifies in China's auto industry, BYD has also started offering discounts for its two models, even though the official prices remain unchanged.

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BYD launches lower-priced version of its Tesla Model 3 rival electric sedan, starting at $25K

Baua Electric

Global EV leader BYD launched a new version of its Seal electric sedan Monday, with starting prices around $25,000 (179,800 yuan). The Seal Honor Edition is BYD’s latest lower-priced EV to roll out, fueling its “liberation battle” against gas-powered cars. Based on the e-platform 3.0, the new EV is offered with 61.4

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BYD offers extended, bigger discount for Seal

CN EV Post

Image credit: CnEVPost) BYD (OTCMKTS: BYDDY) offered discounts on the Seal and Song Plus during a price war in the Chinese auto industry a month ago and the benefits expired at the end of March. The BYD website currently shows the suggested retail prices of the Seal at RMB212,800 to RMB 289,800, the same as before.

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