Chinese EV maker BYD plans to launch its $10,000 Seagull hatchback in Europe next year, intensifying competition among European automakers.
Chinese EV maker BYD plans to launch its budget-friendly Seagull hatchback in Europe next year for under $10,000, intensifying competition among European automakers as they transition to the post-combustion-engine era. BYD, now the largest global EV manufacturer, aims to mitigate EU tariffs with plans for two European plants. Tesla's sales in Europe fell in April, marking a 15-month low and a 2.3% decline from the previous year.
May 21, 2024
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