Byd launches its first EV in Korea from $ 21,500: Can you compete with Hyundai and Kia?

Byd has officially introduced its popular Atto 3 in South Korea this week, its first EV to reach the market. The electric SUV begins just over $ 21,500 in Korea, but with subsidies, the charges can fall for less than $ 14,000. Can you compete with electric cars at low load from Hyundai and Kia? With several productive best -selling electric cars on the way, byd is to win buyers.

The largest manufacturer of electric vehicles in the global wishes to build more its global market percentage this year. In 2024, Wordd sold a record of 1. 76 million electric vehicles, barely shy up to 1. 78 million deliveries from Tesla.

With more than 1. 77 million models produced last year, Byd exceeded Tesla in around 4,500 sets for the main world manufacturer of electric cars in 2024.

Byd Korea presented atto 3 on Thursday for the first time a media event. The corporate opened the pre -orders the same day, from around 31. 5 million profits ($ 21,600). To transfer to the atto 3 plus, the costs begin at 33. 3 million wones ($ 22,900).

Cho In-Cheol, CEO of Byd Korea, said the EV can be purchased for only 20 million profits ($ 13,700) with government subsidies.

“The ATot 3 is a success of global sales shown, and we are extremely cheerful to bring it to South Korea,” said Cho The Occasion (through Yonhap).

The Korean leader Byd under pressure that the internal spacious of the electric SUV is due to its “wheelbase, the most productive in its category. ” With a wheelbase of 2,720 mm, the attot 3 has more or less the length of the KIA EV3 (2,680 mm) and Hyundai Casper Electric (2,580 mm).

The EV3 and Casper Electric are the new mass cars of Hyundai and Kia. The compact SUV of Hyundai begins at the same 31. 5 million Won ($ 21,600) as the Attot 3. With incentives, Hyundai said that CASPER EV can be purchased for 10 million wones, or around $ 7,000.

Since the ByD electric SUV is fed through an LFP battery, it deserves to obtain less government than national electric cars of Hyundai and Kia.

The KIA EV3 begins at 42. 08 million million profits, or only $ 30,000, and is already demonstrating to be a “change of play” in its domestic market, according to the car manufacturer.

Since its global launch in 2022, Byd has sold more than one million electric SUVs attributed 3 in 72 countries. Later this year, the giant of Chinese electric vehicles will expand its EV in Korea, releasing the seal of the seal and the new SUV in average length 7.

After launching its first EV (also attended 3) in Japan in early 2023, ByD sold more electric cars than Toyota in its national market last year. Can byd excite Hyundai and Kia in Korea? Let us know in the comments below.

Peter Johnson covers the transformation of the passage of the automotive industry into electric vehicles. It is an experienced investor, a monetary and an EV enthusiast. His enthusiasm for electric vehicles, basically Tesla, is a vital explanation why he followed an investment race. If he does not tell him about his new 10K discoveries, he can locate him to enjoy the outdoors or exercise

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