Chinese EVs challenge Europe: BYD Seagull to undercut locals
Cheap EVs from China are making significant inroads into Europe, posing a threat to one of the region's largest industries. BYD Seagull
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Cheap EVs from China are making significant inroads into Europe, posing a threat to one of the region's largest industries. BYD Seagull
The impending launch of the Seagull increases pressure on European automakers to maintain their market share in the evolving post-combustion engine era.
BYD, along with other Chinese automakers, is increasingly focusing on exports after dominating the domestic market.
Even after tariffs and modifications to meet European standards, BYD executives expect to sell the Seagull for less than $21,500 on the continent.
EU anti-subsidy investigation is unlikely to extinguish the threat of a cheap BYD car that includes rotating touch screen and wireless phone charging