Japan is wondering how Chinese EV makers, like BYD, build electric cars so cheaply. After tearing apart BYD’s Atto 3, an all-electric SUV, attendees at an EV seminar in Japan asked, “How can it be produced at such a low cost?”
The Atto 3 was BYD’s first EV to launch in Japan in January 2023. BYD’s electric SUV starts at around $30,000 (4.4 million yen).
Since then, BYD has added two of its best-selling EVs to its lineup in Japan, the Dolphin and Seal, starting at $24,500 (3.63 million yen) and $33,000 (5.28 million yen), respectively.
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