BYD is kicking off a price war with gas-powered cars as new lower-priced electric vehicles begin rolling out. After launching the new Qin Plus EV Honor Edition on Monday, BYD said it’s “officially opening a new era of electricity is lower than oil.”
BYD is kicking off a price war with gas-powered cars as new lower-priced electric vehicles begin rolling out. After launching the new Qin Plus EV Honor Edition on Monday, BYD said it’s “officially opening a new era of electricity is lower than oil.”
Mind you, that’s the price in China. By the time they bring those to the US or Europe, that price usually doubles.
Still, $30K … still compelling.
But not really cheaper than a cheap ICE car. It will be interesting to watch how their pricing works out in the end.