BYD becomes a Tesla rival
BYD is challenging Tesla in North America with the launch of its 2024 Seal EV model in Mexico.
Chinese electric vehicle manufacturer BYD has recently announced the launch of its latest electric sedan, the 2024 BYD Seal, in Mexico. This introduction marks BYD's continued expansion in the Mexican EV market, following the successful debut of the BYD Dolphin last September.
The 2024 BYD Seal, built on BYD's innovative e-platform 3.0, features groundbreaking technology with its unique Cell-to-Body (CTB) integration. This design integrates the battery directly into the chassis, enhancing the vehicle's overall performance and handling. BYD's latest offering comes in two versions to cater to a wide range of consumer preferences in Mexico. The entry-level version is a single-motor Rear-Wheel Drive (RWD) variant equipped with a 150 kW rear motor. It boasts an acceleration of 0-100 km/h in 7.5 seconds and a range of 460 km according to WLTP standards. The more powerful dual motor All-Wheel Drive (AWD) variant delivers 523 horsepower, accelerates from 0-100 km/h in just 3.8 seconds, and offers an extended range of 520 km with its 82.56 kWh LFP Blade battery.
BYD becomes a Tesla rival
BYD has strategically priced the Seal to position it as a competitive alternative in the market, particularly against rivals like Tesla. The RWD variant is priced at 778,800 pesos (14.000$) , while the AWD variant is available at 888,800 pesos (15.800$), offering an attractive package for Mexican consumers.
The timing of this launch is particularly significant, coinciding with the increasing interest of the Mexican market in Chinese EVs. This move by BYD follows Tesla's announcement of a Giga Mexico plant and signifies China's commitment to establishing a strong presence in the North American EV market. The potential establishment of a BYD manufacturing plant in Mexico highlights the company's long-term commitment to growth and market penetration in the region. With a diverse product line including the Han sedan, Tang SUV, Yuan Plus mid-size SUV, Dolphin Hatchback, and now the Seal, BYD continues to reinforce its position as a key player in the global EV market.
Tesla introduces new generation humanoid robot Optimus Gen 2Cars
