Chinese electric vehicle giant BYD Co (OTC:BYDDY) (OTC:BYDDF) on Tuesday introduced its new mid-size hybrid-electric pickup truck called the Shark in Mexico and it is way cheaper than rival Tesla Inc's Cybertruck.
What Happened: The Shark is currently only available in Mexico and BYD is not eyeing entry into the U.S. market, Reuters reported, citing the company's regional chief Stella Li. The Cybertruck, meanwhile, is limited to the U.S., thinning chances of immediate direct competition between the two trucks.
Cybertruck Vs. Shark In Specs: BYD Shark is available in versions, namely GL and GS, in Mexico. The lower-priced BYD Shark version has a starting price of 899,980 Mexican pesos ($53,401), while the GS variant has a starting price of 969,800 Mexican pesos ($57,544).
The Cybertruck, meanwhile, currently starts at $79,990 for its all-wheel drive variant and costs $99,990 for its higher-end Cyberbeast variant, making it significantly more expensive than its BYD counterpart.
Furthermore, the Cybertruck is a battery-electric vehicle unlike the Shark, placing them in different fuel categories.
As per the new vehicle's flyer, it can run 100 km purely on electricity and 840 km (522 miles) with both electricity and fuel. The Cybertruck, in comparison, has a range of only 340 miles. However, it can be extended to over 470 miles with a range extender.
Why It Matters: Warren Buffett-backed BYD took over Tesla as the world's biggest battery EV seller by volume in the last quarter of 2023, only to return the crown in the last quarter.
While Tesla delivered 386,810 battery electric vehicles in the first quarter, BYD sold only 300,114 units. However, the Chinese company also makes plug-in hybrid vehicles, unlike Tesla, taking its overall passenger vehicle sales to 624,398 units.
BYD's latest unveiling also came close on the heels of President Joe Biden slapping massive tariff hikes on new Chinese imports, including a 100% bump-up on electric vehicles made in China to prevent market flooding and protect American auto manufacturers.
中国电动汽车巨头比亚迪公司（场外交易代码：BYDDY）（场外交易代码：BYDDF）周二在墨西哥推出了名为Shark的新型中型混合动力电动皮卡车，它比竞争对手特斯拉公司的Cybertruck便宜得多。
发生了什么：路透社援引该公司地区负责人斯特拉·李的话报道，Shark目前仅在墨西哥上市，比亚迪不打算进入美国市场。同时，Cybertruck仅限于美国，这减少了两辆卡车直接竞争的机会。
赛博卡车 vs.Shark In Specs：比亚迪鲨鱼在墨西哥有GL和GS两种版本可供选择。价格较低的比亚迪鲨鱼版本的起价为899,980墨西哥比索（53,401美元），而GS版本的起价为969,800墨西哥比索（57,544美元）。
同时，Cybertruck目前的全轮驱动版本起价为79,990美元，高端Cybeast变体的起价为99,990美元，比比亚迪的同类产品贵得多。
此外，与鲨鱼不同，Cybertruck是一种电池电动汽车，将它们归入不同的燃料类别。
根据新车的传单，它纯粹依靠电力可以行驶100公里，使用电力和燃料可以行驶840公里（522英里）。相比之下，Cybertruck的续航里程仅为340英里。但是，使用增程器可以将其扩展到470英里以上。
为何重要：沃伦·巴菲特支持的比亚迪在2023年最后一个季度接管了特斯拉，成为全球销量最大的电池电动汽车销售商，直到最后一个季度才夺回桂冠。
虽然特斯拉在第一季度交付了386,810辆电池电动汽车，但比亚迪仅售出了300,114辆。但是，与特斯拉不同，这家中国公司还生产插电式混合动力汽车，使其乘用车总销量达到624,398辆。
比亚迪的最新发布也是在乔·拜登总统对中国新进口商品进行大规模关税上调之后发布的，其中包括对中国制造的电动汽车提高100％，以防止市场泛滥和保护美国汽车制造商。
