BYD’S NEW EV, STARTING AT LESS THAN $10,000, IS STOKING FEAR ACROSS THE INDUSTRY

Summary from the TLDR newsletter

BYD's new EV, the Seagull EV Honor Edition, starts from as low as $9,700 - while BYD has no plans to enter the US passenger EV market, the release is pushing pressure on US automakers to slash prices.