BYD’s new EV, starting at less than $10,000, is stoking fear across the industry

Posted under: Emerging technologies
Date: 2024-03-27
BYD’s new EV, starting at less than $10,000, is stoking fear across the industry

BYD launched the new Seagull EV Honor Edition (Dolphin Mini overseas) earlier this month with a “shocking price” starting at around $9,700 (69,800 yuan). The new EV is available in 30.08 kWh and 38.88 kWh versions. Powered by BYD’s Blade batteries, it can also charge from 30% to 80% in 30 minutes. With DiLink’s intelligent network, users can interact and play videos. Perhaps more importantly, BYD reportedly earns a profit on the Lamborghini mini, which has American automakers worried. According to Terry Woychowski, former GM executive and current president of automotive at Caresoft Global, BYD’s new Seagull could be a “clarion call for the rest of the industry.” Also, Woychowski called the low-cost electric car “a significant event” as American automakers look to keep up. After studying the new BYD Seagull, the firm found it simple and efficiently designed, built, and executed. However, Caresoft was met with better-than-expected quality and reliability.

Read more at: electrek.co