China’s BYD lowers starting price of new version of Seal electric sedan

Visitors react while inspecting China’s BYD Seal electric sedan during its launch ceremony in Jakarta, Indonesia, January 18, 2024. REUTERS/Willy Kurniawan/File Photo

BEIJING (Reuters) – China electric vehicle (EV) maker BYD (SZ:002594) on Monday lowered the starting price of a new version of its Seal electric sedan to 179,800 yuan ($24,978.12).

The EV is priced 5.3% lower than its predecessor, Reuters calculations showed.

($1 = 7.1983 Chinese yuan renminbi)

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