Chinese company BYD floods the European market with affordable electric cars
The Chinese electric vehicle manufacturer BYD has started offering Europeans an affordable car called the Dolphin Surf. This model has become the tenth one sold in Europe. Local competitors are struggling. The Chinese car will be sold in two price options: starting at €22,990 with a range of 322 kilometers and €24,990 with a range of 507 kilometers, according to https://xrust.ru/. A discount will be available until the end of June. European marketers note that the Chinese newcomer is putting pressure on European car manufacturers, forcing them to offer more affordable electric alternatives. The main issue for European electric vehicle makers is high prices. It is noted that only a few models, similar to the Dacia Spring, are sold in Europe for less than €20,000. Even amid fierce competition with the Chinese, local automakers continue to produce electric vehicles priced at €25,000. This is characteristic of Volkswagen, Renault, and Fiat. The Chinese company has announced that its next milestone will be offering compact electric vehicles.
https://xrust.ru/news/311189-kitajskaja-kompanija-byd-navodnila-rynok-evropy-deshevymi-jelektromobiljami.html
