Solve for the equilibrium?
At $US15,000, BYD’s new Qin EV is already being touted as a “Corolla killer”, as the world’s second largest EV maker continues to disrupt the global auto…
Source: biztoc.com
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Price War Heats Up In China As PHEVs Are Now Cheaper Than ICE Competition
Chinese automakers are pricing their PHEVs under 100,000 yuan, a psychologically important price threshold
Source: carscoops.com
BYD reportedly to launch lower-priced NEVs on Feb 20 to further offensive against ICE models
BYD (OTCMKTS: BYDDF) will launch new variants of two of its sedans two days later, aiming to take further share from the traditional fuel car market at lower…
Source: biztoc.com
China's BYD launches cheaper plug-in hybrid EV to lure customers away from petrol-powered rivals by Volkswagen, Toyota
The car starts at just over US$11,000, lower than bestselling petrol-powered cars like Volkswagen’s Lavida and Toyota’s Corolla.
Source: scmp.com