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The Asset ObserverThe Asset Observer
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China’s BYD lowers starting price of new version of Seal electric sedan By Reuters

News RoomBy News RoomMarch 25, 2024
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© Reuters. Visitors react while inspecting China’s BYD Seal electric sedan during its launch ceremony in Jakarta, Indonesia, January 18, 2024. REUTERS/Willy Kurniawan/File Photo

BEIJING (Reuters) – China electric vehicle (EV) maker BYD (SZ:) on Monday lowered the starting price of a new version of its Seal electric sedan to 179,800 yuan ($24,978.12).

The EV is priced 5.3% lower than its predecessor, Reuters calculations showed.

($1 = 7.1983 renminbi)

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