China's $10,000 EV is coming for Europe's carmakers

Digitimes
May 22, 2024, 4:08 am342 pts
Cheap electric vehicles from China are already pushing into Europe, undercutting one of the region's biggest industries. BYD Co., which overtook Tesla Inc. last year to become the biggest global EV maker, is about to raise the stakes.The Chinese manufacturer last month announced plans to introduce its Seagull…

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