What Happened: The Song L launched on Friday to great demand, with the company announcing that it has received 28,350 orders for the car since presales opened on Oct. 31, reported CNEVPost.
It is longer than the Model Y, shorter in terms of height, and cheaper.
The Song L comes in five versions, with the lowest priced Exceed version priced at 189,800 yuan or about $27,000. This is significantly lower than the cheapest version of the Model Y- the rear-wheel drive- which starts at 266,400 yuan or about $38,000.
In fact, even the priciest version of the BYD SUV is priced below the Model Y RWD at 249,800 yuan.
The Shenzhen-based company announced that it stopped production of oil-fueled vehicles in April last year. It is backed by Warren Buffett‘s Berkshire Hathaway.
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BYD Photo by A. Aleksandravicius on Shutterstock
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