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BYD overhauls its cheapest electric car with bigger redesign
Original: BYD is overhauling its cheapest EV, and it’s bigger than expected
BYD is carrying out a major overhaul of its cheapest electric vehicle, and the update is larger than expected. The Chinese automaker, the world's biggest EV seller, is redesigning its entry-level model, a move being read as an effort to keep its lead in the price-sensitive mass market amid intensifying competition at the affordable end of the EV segment.
Why now: Renewed attention on BYD's low-cost EV strategy as competition in affordable electric cars heats up.
Evidence
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