China’s BYD launches EV to rival Tesla’s top seller at around half the price

Quick Summary:

The Qin L and Xpeng’s Mona M03, which are priced around US$16,500, arrive as the US company’s mainland sales are dropping.

BYD, which counts Warren Buffett’s Berkshire Hathaway as a minority shareholder, sold 322,846 cars in February, up 164 per cent year on year.

Both cars feature preliminary self-driving software and a digital cockpit.

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Article Details

Author / Journalist: Daniel Ren

Category: Business

Markets: Hong KongChina

Topics: Year Model Maker Launched Electric Month Sedan Yuan Cars Cent Sales

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-24 @ 17:00:08 (1 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 275 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 27273122

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