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China’s BYD launches EV to rival Tesla’s top seller at around half the price

The Qin L and Xpeng’s Mona M03, which priced around US$16,500, arrive as the US company’s mainland sales are dropping.



BYD launched the Qin L sedan in China, an EV aiming to rival the Tesla Model 3 at half the price (US$16,517). Xpeng's Mona M03 is similarly priced. Both offer a challenge to Tesla amidst slowing sales of Model 3 and Model Y in mainland China. The Qin L has a range of 545km.

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