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Tesla’s China sales fell by 11.5% year-on-year in January, while BYD’s rose by 47.5%, according to data from the China Passenger Car Association, though an earlier Chinese New Year holiday may ...
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 ]
The BYD brand distinguishes their passenger car line-up under three "series", namely the Dynasty series (started by the BYD Qin in 2012), a line of higher-end vehicles with "dragon-inspired" designs aimed at the traditional mass markets; [2] [3] the Ocean series (started by the BYD Dolphin in 2021), a line of "ocean-themed" vehicles based on new aesthetic designs by Wolfgang Egger and the ...
BYD is looking to dominate the electric vehicle market worldwide, and its stock is a lot cheaper than Tesla's. Why China's BYD Company Stock Popped Today Skip to main content
The car became a sales success in China. On 29 November 2023, BYD produced the 200,000th Seagull after only seven months in the market. [84] [85] Due to its low cost of production and its low selling price at below CN¥90,000 or US$12,000, the Seagull has garnered curiosity and praise from international media and industry experts. [86] [87] [88 ...
Last month, it cut the price of its cheapest model, the Seagull, by 5% and marked down its top-selling Qin Plus sedan by 20%. Yet sales still fell: BYD sold 300,114 battery electric vehicles for ...
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