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BYD Seal 06: A Tesla Model 3-Sized EV at Half the Price
Key Takeaways
- BYD launched the Seal 06, a mid-size electric sedan in China at 109,900 yuan (~$16,500).
- The Seal 06 is comparable in size to the Tesla Model 3 but costs about half as much.
- The launch intensifies competition in the EV market, particularly in China.
- BYD's vertical integration and battery technology enable aggressive pricing.
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DT Editorial Team··via electrek.co