BYD cut the prices of already cheap PHEV sedans by nearly 3,000 USD. Now it starts at 11,000 USD.
The post Hit legacy where it hurts: BYD undercuts VW Lavida and Toyota Corolla with their new PHEV lineup appeared first on CarNewsChina.com.
BYD cut the prices of already cheap PHEV sedans by nearly 3,000 USD. Now it starts at 11,000 USD.
The post Hit legacy where it hurts: BYD undercuts VW Lavida and Toyota Corolla with their new PHEV lineup appeared first on CarNewsChina.com.
BYD yesterday launched lower-priced updated versions of its two budget sedans, triggering several local peers to follow suit with price cuts.
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Tesla continues to lead the BEV rankings in 2023 with a 19.9 percent market share, followed by BYD with 17.1 percent.
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BYD owners drove a cumulative total of about 3.76 billion kilometers from February 10-17, and Tesla owners in China drove more than 700 million kilometers, according to their numbers.
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More pictures of the YangWang U9 interior emerge before the official February 25 launch.
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The pricewar doesn't end in China and BYD fired the first shots in the new year.
The post 2024 BYD Dolphin to launch on Feb 23 with bigger battery and lower price appeared first on CarNewsChina.com.
BYD is looking to accelerate the replacement of traditional fuel vehicles with NEVs at lower prices, and more automakers following suit is expected to speed up the process.
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To date, BYD has more than 90,000 R&D engineers and has filed more than 48,000 patents worldwide, according to an announcement.
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BYD makes its hybrid models less expensive than its petrol counterparts in a strong second offensive against them.
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BYD will launch new variants of the Qin Plus and Chaser 05 in Glory Editions on February 20, both starting at RMB 79,800, or $11,100, according to local media.
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