News

BYD plans to launch Tesla Cybertruck Elon Musk competitor in 2024

BYD plans to launch an electric pickup truck to compete against the likes of the Tesla Cybertruck and the Ford F-150 Lightning. 

According to the Chinese company’s announcement, it has developed a midsize-to-large pickup truck for the global market. BYD revealed photos of its first electric pickup truck, showcasing its general appearance. However, it did not disclose price estimates or other details about the all-electric pickup truck’s design. 

BYD’s electrified pickup might not be sold in the US market, despite it being the most popular market for pickup trucks. Stella Li, the Executive Vice President and CEO of BYD Americas, described the United States’ EV market as complicated. She added that BYD does not have plans to enter the United States.

BYD will probably launch its electric pickup truck in other markets that are interested in pickup trucks, including Thailand. The Chinese automaker does have a presence in South America, which might be a good market for its electric pickup truck.

The Tesla Cybertruck toured China earlier this year and became an instant celebrity among locals. Crowds gathered around the Tesla Cybertruck in China–much like anywhere else, it had made an appearance. People also lined up to get a closer look at Tesla’s all-electric pickup truck. 

The Tesla Cybertruck’s potential in the Chinese auto market might also be dubbed complicated. China classifies pickup trucks, like the Tesla Cybertruck, as light trucks. With their classification, pickups face more restrictions compared to passenger cars like the Tesla Model Y. For instance, pickup trucks are required to drive in the right-most ‘slow’ lane. China also sets a speed limit of 100 kph (62 mph) for light pickup trucks.

BYD and Tesla’s rivalry will likely continue with the Chinese automaker’s upcoming electric pickup truck. Both companies seem to welcome some friendly competition, making rivalry even more interesting. 

As of Q1 2024, Tesla beat BYD in pure battery electric vehicle (BEV) deliveries. The Chinese automaker reported delivering 300,114 BEVs in the first quarter, while Tesla delivered 386,810 units. 

 

Related Posts

Mark Zuckerberg wears a $260,000 watch

Meta CEO Mark Zuckerberg switches from casual style to stylish items, like watches made of rare meteorite. Mark Zuckerberg took part in the recording of the Acquired podcast…

Billionaire Elon Musk wants to bring social network X back to Brazil

Previously in August, billionaire Elon Musk’s social network X was completely banned in this South American country. In late August 2024, a Brazilian Supreme Court judge banned social network X…

Elon Musk’s X and Starlink risk being fined nearly $1 million/day

Elon Musk’s X and Starlink face daily fines of up to $1 million in Brazil for allegedly circumventing the law. Brazil’s Supreme Court has set the fine at…

Elon Musk makes mum sleep in garage when she visits

Elon Musk might be the richest man in the world, but his mum Maye Musk doesn’t get any red carpet treatment when she comes to stay He might…

Taylor Swift Sparks Social Media Storm by Calliпg Oυt Eloп Mυsk: “Taleпted Bυt Lacks Iпtegrity!”

In a dramatic turn of events that has captivated millions online, Taylor Swift has ignited a social media firestorm after publicly calling out tech mogul Elon Musk. The…

Elon Musk Now Controls Two-Thirds Of The Planet’s Satellites – And SpaceX Is Just Getting Started With Plans To Launch Almost 40,000 More

Elon Musk’s company SpaceX has now become the dominant force in space. The tech billionaire controls nearly two-thirds of all active satellites orbiting Earth, thanks to the rapid…

Leave a Reply

Your email address will not be published. Required fields are marked *