“Corolla killer:” BYD launches $US15,000 sedan EV with 420 km range in direct attack on legacy makers
“Corolla killer:” BYD launches $US15,000 sedan EV with 420 km range in direct attack on legacy makers
BYD has launched its low cost sedan in China which industry observers are calling the Corolla Killer.
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I'm curious how much a similar vehicle would be in North America. Could BYD import it directly?
6 1 ReplyIt would be considerably more expensive. Safety standards are much higher in Western countries. Also, they still need to build up a sales and maintenance organisation there, that takes a lot of capital. It'll be interesting to see where they land in their price points, though.
18 0 ReplyBYD sells their cars in Australia and we have high safety standards, I don't think they'd need to change much for the US
8 0 ReplyBut how are the prices compared to China?
3 0 ReplyI did some very quick searching, according to this https://carnewschina.com/2022/12/29/new-2023-byd-dolphin-launched-in-china-price-starts-at-16700-usd/ the Dolphin launched in China for ~AUD$25,400 and you can currently buy it in Australia from AUD$38,890.
So it's obviously more but they have their government discounts. Depending on the state here you can get rebates too.
2 0 Reply
They would build them in Mexico due to the cheap labour (much like the majority of legacy automakers already do) and ship them up North and South.
7 0 Reply