BYD’s new mini EV is ‘a huge threat’ to Japanese automakers and it’s coming soon

BYD is already known for its smaller, low-cost electric cars like the Seagull, which you can snag for under $10,000 in China. Now, China’s EV leader is looking to go even smaller. BYD plans to launch a new mini EV, or kei car, that could pose “a huge threat” to Japanese automakers as a cheaper alternative.

more…