This New BYD EV Costs Half as Much as a Tesla
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BYD will offer the Seal 06 in both battery electric (EV) and plug-in hybrid (PHEV) powertrain options. The electric version will be available in three trims. A base model will draw power from a 65.28 kWh battery and 170 kW electric motor, providing up to 520 km (323 miles) CLTC range.
In essence, BYD Dolphin Surf EV is a slightly redesigned, slightly larger and better-equipped version of the affordable Seagull EV.
Chinese automaker and Apple Inc supplier BYD is being asked to turn over its books to the House Homeland Security Committee, as part of an investigation into national security risks posed by transportation manufacturers affiliated with the ruling Chinese Communist Party,
BYD's EV sales are projected to reach 5.5 million units in 2025, with three million featuring smart driving capabilities, driven by a CNY100 billion (US$13.8 billion) investment in R&D and its highly vertically integrated component supply chain.
Chinese electric vehicle maker BYD's low-cost Dolphin Surf became its 10th model available in Europe on Wednesday, with the Berlin launch increasing pressure on European rivals to produce more affordable alternatives.
Chinese automaker BYD has overtaken Elon Musk's Tesla in electric vehicle sales in Europe for the first time. According to a report, BYD sold more electric cars in Europe than Tesla. In April, BYD sold 7,
Strategists at UBS AG noted that while the overall valuation gap between mainland and Hong Kong markets is expected to persist, select stocks like BYD and China Merchants Bank Co. are attracting a premium due to their perceived quality and appeal among global investors.
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