<
https://thedriven.io/2024/02/22/corolla-killer-byd-launches-us15000-ev-in-direct-attack-on-legacy-makers/>
"At $US15,000, BYD’s new Qin EV is already being touted as a “Corolla killer”,
as the world’s second largest EV maker continues to disrupt the global auto
market.
Launched earlier this week in China, the all-electric Qin Plus has five
variants priced between 109,800 RMB to ($A23,300) to 139,800 RMB ($A29,700).
The Qin Plus comes with a 100 kW motor and the option of either a 48 kWh
battery providing 420 km CLTC range or a 57.6 kW hour battery with 510 km
range.
Mobility consultant James Carter wrote on LinkedIn the new offering is the
$15,000 car that incumbent OEMs (car makers) hoped would never come.
“The new BYD Qin Plus EV Honor Edition is the car that makes EVs way cheaper
than ICE vehicles and blows open the mainstream market,” he wrote.
Indeed, most legacy car makers, at least those that are bothering to make EVs
at scale at all, are still focused on the top end of the market, selling
premium and heavy and high cost EVs, largely to protect their ICE business. In
the US, the major car makers are retreating rapidly on their EV plans.
BYD, which is challenging Tesla as the biggest EV maker in the world, says it’s
“officially opening a new era where electricity is lower than oil.”
Carter says it is a potential game changer.
“Today, most buyers want a good, solid reliable car that has some nice features
and doesn’t cost too much,” he wrote."
Via
Fix the News:
<
https://fixthenews.com/good-news-human-rights-greece-education-burundi-reforestation-america/>
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
