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BYD Cuts Seal Prices, EV Sedan Now 18% Cheaper Than Tesla Model 3

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The BYD Seal starts around $27,500 (189,800 yuan) in China in base rear-wheel-drive guise with 342 miles of range.

The Chinese automaker launched the Seal sedan under its Ocean vehicle series in July 2022 and was selling over 10,000 copies per month at the end of the year.

Seal will arrive in the brand's European stores in September and will be available with an 82-kWh Blade LFP battery with either rear- or all-wheel-drive. The RWD model features a 230-kilowatt electric motor and offers a WLTP combined range of 354 miles , while the AWD variant has 390 kW from two motors and covers up to 323 miles on a single charge.

Pricing in Europe will be announced later, so it remains to be seen if BYD will adopt a similar strategy to the employed in China.

 

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China's BYD cuts starting price for Seal EV; aims to extend leadBYD Co Ltd , on Wednesday cut the starting price of its best-selling Seal sedan by 10%, as the Chinese electric vehicle (EV) giant seeks to extend its lead in the world's largest auto market with lower-priced products.
Source: Reuters - 🏆 2. / 97 Read more »