this post was submitted on 20 Feb 2024
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Electric Vehicles

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BYD launches $15,000 Qin Plus EV Honor Edition kicking off price war with gas cars (electrek.co)
submitted 8 months ago by MicroWave@lemmy.world to c/evs@lemmy.world
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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 16 points 8 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 5 points 8 months ago (1 children)

Still, $30K … still compelling.

[–] Diplomjodler@feddit.de 2 points 8 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.