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Why Tesla Rival BYD Charges Up To 3x More For EVs In Europe While China Prices Remain Shockingly Low

Benzinga ·  Apr 29 09:43

While fears of a Chinese EV invasion grip the United States, a surprising trend has emerged: China's top electric vehicle maker,BYD Co.(OTC:BYDDY) (OTC:BYDDF), isn't flooding Europe with bargain-basement cars. Instead, it's charging significantly higher prices compared to their home market, raking in hefty profits.

BYD Looks At High Prices, High Profits: BYD is marking up export prices by massive margins – sometimes nearly triple – for popular models like the Atto 3 and Dolphin compared to China. In Germany, for instance, the Atto starts at a whopping $42,789, compared to a much friendlier $19,283 price tag in...

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