schizoidman@lemm.ee to Electric Vehicles@lemmy.worldEnglish · 3 months agoBYD undercuts Tesla Model 3 prices by nearly $10K with the new 2025 Seal EVelectrek.coexternal-linkmessage-square2fedilinkarrow-up11arrow-down10file-textcross-posted to: electric_vehicles@lemmy.ml
arrow-up11arrow-down1external-linkBYD undercuts Tesla Model 3 prices by nearly $10K with the new 2025 Seal EVelectrek.coschizoidman@lemm.ee to Electric Vehicles@lemmy.worldEnglish · 3 months agomessage-square2fedilinkfile-textcross-posted to: electric_vehicles@lemmy.ml
minus-squareShepherdPie@midwest.sociallinkfedilinkarrow-up0·3 months ago*in China I wonder what it would sell for without the heavy subsidies from the Chinese government. I read yesterday that BYD opened a dealership in Poland and those cars are selling for $30k-$50k there.
minus-squareschizoidman@lemm.eeOPlinkfedilinkEnglisharrow-up0arrow-down1·3 months agoMany other EV manufacturers sell their cars for twice what its priced in China because they can. BYD for instance has a huge profit margin in Europe. https://fortune.com/europe/2024/04/29/eu-unwinnable-price-war-chinese-evs-byd-cars-11-times-more-profitable-in-europe-than-in-china/
*in China
I wonder what it would sell for without the heavy subsidies from the Chinese government. I read yesterday that BYD opened a dealership in Poland and those cars are selling for $30k-$50k there.
Many other EV manufacturers sell their cars for twice what its priced in China because they can. BYD for instance has a huge profit margin in Europe.
https://fortune.com/europe/2024/04/29/eu-unwinnable-price-war-chinese-evs-byd-cars-11-times-more-profitable-in-europe-than-in-china/