BYD held a press conference in Incheon, South Korea, officially announcing its plans to enter the South Korean auto market.
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Category: BYD Atto 3
BYD will start delivering the Atto 3 in South Korea in February and plans to launch the Seal electric sedan and Sealion 7 electric SUV in the country in the second half of this year.
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South Korean has granted BYD Atto 3 emissions and noise certifications. The Atto 3 has completed all the procedures for entering South Korea.
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BYD's EVs have a "Vehicle to Home" (V2H) function that can be used as a power source to power homes or businesses in an emergency.
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BYD has filed a recall of nearly 100,000 vehicles due to a manufacturing fault. The automaker will recall Dolphin and Yuan Plus vehicles.
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Chinese cars are capturing a significant market share and outpacing Korean and Japanese competitors.
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In June, BYD sold 341,658 vehicles.
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The updated Yuan Plus has a starting price of RMB 119,800, or about $16,650. The model is available in several overseas markets under the Atto 3 name.
The post BYD launches updated Yuan Plus with 12% lower starting price appeared first on CnEVPost.
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BYD explored establishing a production facility in Mexico to enhance its North American market presence and comply with trade and tax incentives.
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BYD has previously entered South Korea's electric bus market, and its business in South Korea will further expand after entering the passenger car market.
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