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Benzinga

Business

Badar Shaikh

Tesla Rival BYD Launches $11,000 Long-Range Trim Of Its Best-Selling Seagull EV As Price War Heats Up

BYD Tesla Inc. BYDDF China

BYD

BYD Co. Ltd. (OTC:BYDDY) (OTC:BYDDF) has unveiled a new, longer-range trim of the company's best-selling car, the Seagull EV, in China amid the EV price war.

What Happened: The Tesla Inc. (NASDAQ:TSLA) rival unveiled the long-range trim, priced at $11,000 on Monday. The hatchback offers 252 miles of CLTC range on a single charge, with a 38.9 kWh battery pack.

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