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BEIJING (Reuters) -Chinese electric vehicle giant BYD on Wednesday unveiled lower-priced new versions of its Han sedans and Tang SUVs, deepening a protracted and brutal price war in the world's ...
BYD was founded by Wang Chuanfu in February 1995 as a battery manufacturing company. BYD's largest subsidiary, BYD Auto, was founded in 2003 and has grown to become the world's largest manufacturer of plug-in electric vehicles. [13] Since 2009, BYD's automotive business has contributed over 50% of its revenue.
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As the result, BYD makes approximately €14,300 in profit on each Seal U EV model sold in the EU, which is an 11-fold increase compared to the €1,300 profit on the same model sold in China. Reuters noted that the BYD Atto 3 is priced at US$19,283 in China and US$42,789 in Germany. Despite the higher price in Germany, it remains competitive ...
[6] [7] The Yuan Up is based on the e-Platform 3.0 and powered by BYD Blade lithium-ion LFP Battery. The Yuan Up adopts the Dragon Face design concept that is used on the Song L EV , with a 'dragon face' front fascia, flap-type door handles, a floating roof design, a full length rear taillight bar, and the rear bumper apron mimics the front bumper.
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