this post was submitted on 20 Feb 2024
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[Dormant] Electric Vehicles

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BYD is kicking off a price war with gas-powered cars as new lower-priced electric vehicles begin rolling out. After launching the new Qin Plus EV Honor Edition on Monday, BYD said it’s “officially opening a new era of electricity is lower than oil.”

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[–] Diplomjodler@feddit.de 20 points 9 months ago (1 children)

Mind you, that's the price in China. By the time they bring those to the US or Europe, that price usually doubles.

[–] QuarterSwede@lemmy.world 6 points 9 months ago (1 children)

Still, $30K … still compelling.

[–] Diplomjodler@feddit.de 4 points 9 months ago

But not really cheaper than a cheap ICE car. It will be interesting to watch how their pricing works out in the end.