Battle for ‘tech luxury’ in China as EVs get smarter – and cheaper – ET Auto
Baua Electric
APRIL 25, 2024
But other Chinese automakers, including state-run companies that were later entrants to the EV race, have closed the gap on sub-USD 10,000 EVs at the Beijing auto show that began Thursday. Last year, BYD shocked the automotive industry with the release of its Seagull EV, now priced under USD 10,000, at the Shanghai auto show.
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