BYD will challenge Hyundai and Kia with low-cost EVs launching in South Korea
Baua Electric
NOVEMBER 13, 2024
China’s leading EV maker is set to drastically shake up the South Korean auto market. BYD officially announced plans to launch in South Korea with its low-cost EVs poised to challenge Hyundai and Kia on their home turf. The low-cost electric SUV starts at just $30,700 (42.08 Hyundai and Kia dominate the market.
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