Automakers

China's low-cost EV is coming to Europe, leaving automaker bosses 'nervous'

BYD Seagull
BYD plans to introduce its the Seagull small hatchback in Europe next year. (Bloomberg)
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By:
Bloomberg
May 22, 2024 08:04 AM

Cheap electric vehicles from China are already pushing into Europe, undercutting one of the region's biggest industries. BYD, which overtook Tesla last year to become the biggest global EV maker, is about to raise the stakes.

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