china byd: China’s BYD prices new version of best-selling EV lower than predecessor
China’s leading electric vehicle (EV) maker BYD on Monday launched a new version of its best-selling car at a price lower than the final price of its discontinued predecessor, as a price war rages in the world’s largest automobile market.
![]()
BYD has already set lower launch prices for a slew of models as EV rivals including domestic peer Geely Auto and U.S. champion Tesla likewise introduce incentives to woo customers in a cooling market.
Elevate Your Tech Prowess with High-Value Skill Courses
| Offering College | Course | Website |
|---|---|---|
| IIM Lucknow | IIML Executive Programme in FinTech, Banking & Applied Risk Management | Visit |
| Indian School of Business | ISB Professional Certificate in Product Management | Visit |
| IIM Kozhikode | IIMK Advanced Data Science For Managers | Visit |
China’s top-selling EV maker has set a starting price for its new Yuan Plus crossover – known as the Atto 3 in overseas markets – at 119,800 yuan ($16,644), BYD said in a Weibo post.
That is 11.8% lower than the final sales price of the version it has replaced, Reuters calculations showed.
BYD sold 412,202 Yuan Plus EVs in 2023, with 100,020 of them exported, or 42% of its total car exports for that year, data from the China Association of Automobile Manufacturers showed.
The automaker has been counting on overseas markets for higher profit margins. The Atto 3 is sold with a starting price of A$48,011 ($31,336) in Australia, 85% higher than in China. ($1 = 7.1976 yuan) ($1 = 1.5321 Australian dollars)
Discover the stories of your interest
China’s leading electric vehicle (EV) maker BYD on Monday launched a new version of its best-selling car at a price lower than the final price of its discontinued predecessor, as a price war rages in the world’s largest automobile market.
![]()
BYD has already set lower launch prices for a slew of models as EV rivals including domestic peer Geely Auto and U.S. champion Tesla likewise introduce incentives to woo customers in a cooling market.
Elevate Your Tech Prowess with High-Value Skill Courses
| Offering College | Course | Website |
|---|---|---|
| IIM Lucknow | IIML Executive Programme in FinTech, Banking & Applied Risk Management | Visit |
| Indian School of Business | ISB Professional Certificate in Product Management | Visit |
| IIM Kozhikode | IIMK Advanced Data Science For Managers | Visit |
China’s top-selling EV maker has set a starting price for its new Yuan Plus crossover – known as the Atto 3 in overseas markets – at 119,800 yuan ($16,644), BYD said in a Weibo post.
That is 11.8% lower than the final sales price of the version it has replaced, Reuters calculations showed.
BYD sold 412,202 Yuan Plus EVs in 2023, with 100,020 of them exported, or 42% of its total car exports for that year, data from the China Association of Automobile Manufacturers showed.
The automaker has been counting on overseas markets for higher profit margins. The Atto 3 is sold with a starting price of A$48,011 ($31,336) in Australia, 85% higher than in China. ($1 = 7.1976 yuan) ($1 = 1.5321 Australian dollars)
Discover the stories of your interest
Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.