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.
中國電動汽車巨頭比亞迪公司（場外交易代碼：BYDDY）（場外交易代碼：BYDDF）週二在墨西哥推出了名爲Shark的新型中型混合動力電動皮卡車，它比競爭對手特斯拉公司的Cybertruck便宜得多。
發生了什麼：路透社援引該公司地區負責人斯特拉·李的話報道，Shark目前僅在墨西哥上市，比亞迪不打算進入美國市場。同時，Cybertruck僅限於美國，這減少了兩輛卡車直接競爭的機會。
賽博卡車 vs.Shark In Specs：比亞迪鯊魚在墨西哥有GL和GS兩種版本可供選擇。價格較低的比亞迪鯊魚版本的起價爲899,980墨西哥披索（53,401美元），而GS版本的起價爲969,800墨西哥披索（57,544美元）。
同時，Cybertruck目前的全輪驅動版本起價爲79,990美元，高端Cybeast變體的起價爲99,990美元，比比亞迪的同類產品貴得多。
此外，與鯊魚不同，Cybertruck是一種電池電動汽車，將它們歸入不同的燃料類別。
根據新車的傳單，它純粹依靠電力可以行駛100公里，使用電力和燃料可以行駛840公里（522英里）。相比之下，Cybertruck的續航里程僅爲340英里。但是，使用增程器可以將其擴展到470英里以上。
爲何重要：禾倫·巴菲特支持的比亞迪在2023年最後一個季度接管了特斯拉，成爲全球銷量最大的電池電動汽車銷售商，直到最後一個季度才奪回桂冠。
雖然特斯拉在第一季度交付了386,810輛電池電動汽車，但比亞迪僅售出了300,114輛。但是，與特斯拉不同，這家中國公司還生產插電式混合動力汽車，使其乘用車總銷量達到624,398輛。
比亞迪的最新發布也是在喬·拜登總統對中國新進口商品進行大規模關稅上調之後發佈的，其中包括對中國製造的電動汽車提高100％，以防止市場氾濫和保護美國汽車製造商。
