this post was submitted on 06 Nov 2023
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Tesla to build 25,000-euro car in Germany - source (www.reuters.com)
submitted 2 years ago by boem@lemmy.world to c/europe@feddit.de
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[โ€“] KISSmyOS@lemmy.world 40 points 2 years ago (1 children)

It's going to be available in 5 years and cost 40,000 Euros, but they'll then announce that the next model will have the lower price tag.

[โ€“] tal@lemmy.today 3 points 2 years ago (1 children)

I dunno. EV manufacturers are gonna have to have lower-end models if they're gonna compete with BYD.

https://www.electrive.com/2023/11/06/byd-could-soon-build-electric-cars-in-hungary/

BYD could soon build electric cars in Hungary

According to a German media report, BYD's first EV factory in Europe will be built in Hungary. Officially, however, the Chinese manufacturer will not announce the location of the first European plant until the end of the year.

https://www.bbc.com/news/business-66737524

"The BYD Seal has a 15% advantage over Tesla's Chinese-made base Model 3 sedan," according to a UBS report.

BYD's entry level EV - Seagull - sells at $11,000. Tesla recently unveiled a Model 3 sedan, whose starting price in China was almost $36,000.

[โ€“] Nobsi@feddit.de 2 points 2 years ago

BYD will have to find a way to get their cars to be cheaper than other europen ones. I doubt europeans work 12 hours a day for 5 bucks an hour