BYD has introduced its most affordable electric vehicle, the Dolphin Surf, in the UK, retailing at £18,650. This launch is part of BYD's ambition to surpass Tesla as the leading electric car manufacturer globally. While BYD already outpaces Tesla in the hybrid segment, its move into lower-priced electric cars is aimed at attracting budget-conscious consumers. The UK market, which has avoided tariffs on Chinese electric vehicles, proves crucial for BYD's expansion, contributing significantly to its sales in Europe amid growing competitive pressures from Tesla and other brands.
BYD's Dolphin Surf, priced at £18,650, is positioned to attract lower-income buyers and compete against Tesla in the electric vehicle market.
Despite facing a 17.4% tariff issue in the EU, BYD has seen significant growth in the UK, which remains the largest market for Chinese electric brands.
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