Byd Just Hit a New Weekly Ev Sales Record for 2024 in China Ahead Of Key Model Launches



Electrek 1:27 pm on May 16, 2024


BYD unveils new electric SUV, challenging Tesla with a competitive price point of $41,000 and an impressive range. The BYD Seagull EV, starting at just over $7,000, signifies the company's commitment to entering mass market EVs. Their expansion includes a luxury brand, Yangwang, and a PHEV pickup called Shark targeting price-sensitive consumers with a starting MSRP of 96,800 pesos ($5,100).

  • New Electric SUV Launch:
  • BYD Seagull EV Pricing Strategy: Competes with Tesla at a $41,000 price point.
  • Market Expansion: Introduction of luxury brand Yangwang and PHEV pickup Shark.
  • Global Presence: BYD's progression into the international EV market.
  • Affordability & Design: Impressive range, design, and low-cost options challenge industry standards.

https://electrek.co/2024/05/15/byd-just-hit-new-weekly-ev-sales-record-2024-china/

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