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BYD threw a bombshell into China’s EV sector with its ... the carmaker revealed that its Seagull model, priced at an affordable 69,800 yuan ($9,555) will now include intelligent driving ...
The China-built BYD Seagull, a small all-electric hatchback, starts at just 69,800 yuan (or less than $10,000), and reportedly banks a profit for the increasingly influential Chinese automaker.
Tesla stock is wildly expensive, which could lead to a drop of 50% or more Tesla generated $2.04 in earnings per share (EPS) during 2024, placing its stock at a price-to-earnings ratio (P/E) of 161.
The BYD Seagull (Chinese: 比亚迪海鸥; pinyin: Bǐyǎdí Hǎi'ōu) is a battery electric city car manufactured by BYD Auto since 2023. Positioned below the Dolphin within BYD's line-up, it is currently the smallest BYD vehicle, occupying the A00-class in Chinese segmentation (equivalent to European A-segment ). [ 6 ]
When China’s BYD recently overtook Elon Musk’s Tesla as the global leader in sales of ... BYD launched an EV called the Seagull with a cutthroat price of about $11,000 last year in China ...
BYD is looking to dominate the electric vehicle market worldwide, and its stock is a lot cheaper than Tesla's.