BYD has brought out an EV starting at $9,700. The Seagull EV Honor Edition (Dolphin Mini outside China), is a relatively small and simple vehicle. But it is supposed to be legit, and that it can be offered at such a price and reportedly at a profit, is astounding.
Terry Woychowski, a former GM executive who evaluated the new car for automotive consulting company Caresoft, observed that “What they did do is done very well".
Traditional automakers should be very, very, very afraid.
https://electrek.co/2024/03/22/byds-...g-fear-rivals/