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Monday, April 22, 2024

BYD’s new EV, starting at less than $10,000, is stoking fear across the industry

Leading EV maker BYD shook the industry after unveiling the new Seagull (Dolphin Mini), with starting prices as low as $9,700 (69,800 yuan). Although BYD’s new EV, which earned the nickname “Lamborghini mini,” is not sold in the US, American automakers are taking notes. BYD’s new Seagull EV shocks …

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