"BYD Introduces Price Cuts on Best-Selling SUV to Compete with Gas Cars in China"
BYD has reduced the price of its top-selling EV, the Yuan Plus, to $16,644 in China, aiming to compete with both EV and ICE rivals. The price cut is part of BYD's strategy to dominate the Chinese vehicle market with some of the lowest prices on EVs. The new version, Atto 3, is significantly cheaper in China compared to its prices in France and Australia. BYD's move to slash prices has already sparked major deals on its best-selling EVs, and the company is also making plans for international growth, including setting up an EV factory in Hungary and Mexico.