Nissan is feeling the brunt of BYD’s electric vehicle price war in China

Nissan is the latest victim of BYD’s “liberation battle” against gas-powered cars. Following BYD’s deep price cuts this year, Nissan is closing a factory in China as it struggles to keep up. As is the case for many legacy automakers, China is a critical sales market for Nissan. Nearly a third of Nissan’s global sales […]

BYD’s $10,000 Seagull EV is teasing its rivals when it reaches new markets

Chinese company BYD will launch the cheapest electric car in Europe next year. Ahead of its official debut, BYD’s $10,000 Seagull EV has caused a stir among foreign rivals. BYD is in full swing. Earlier this year, it announced a “liberation battle” against gas-powered vehicles and launched its cheapest electric car, the Seagull Honor Edition. […]