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BYD’s new car will be cheaper than the compact Dolphin that sells for ¥2.9mn ($20,700). Nissan’s Sakura EV minicar, which has a driving range of 180 kilometres on a single charge, sells for ¥2.6mn.
Tesla rivals Xiaomi and Li Auto reported May sales Sunday with more to come with giant BYD launching a new China EV price war.