If it does, it likely wasn’t under $20,000. BYD is on fire. After launching the new Qin L EV yesterday, a new Tesla Model 3 rival but at half the cost (119,800 yuan/ $16,500), BYD has another ...

China’s EV giant BYD recorded revenues of 777 billion yuan ($107 billion) for 2024, surging ahead Elon Musk’s Tesla in annual sales amid intensifying competition in the global market for clean ...