BYD’s Atto 3 overtakes Tesla’s Model Y as best-selling EV in South Korea

Q: How long will it take to read this news story?

The story "BYD’s Atto 3 overtakes Tesla’s Model Y as best-selling EV in South Korea" has 545 words across 23 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "BYD’s Atto 3 overtakes Tesla’s Model Y as best-selling EV in South Korea" was covered 13 hours ago by Korea Economic Daily, a news publisher based in South Korea.

Q: How trustworthy is 'Korea Economic Daily' news outlet?

Korea Economic Daily is a fully independent (privately-owned) news outlet established in 1964 that covers mostly economy news. The outlet is headquartered in South Korea and publishes an average of 6 news stories per day. It's most recent story was published 4 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #28503838</li><li>URL: https://marketchangers.beamstart.com/news/byds-atto-3-overtakes-teslas-17467577403476</li></ul>

Korea Economic Daily Logo Korea Economic Daily 13h ago

BYD’s Atto 3 overtakes Tesla’s Model Y as best-selling EV in South Korea - Korea Economic Daily

Quick Summary:

China’s BYD Co.has dethroned Tesla Inc.in South Korea, with its compact sport utility vehicle, the BYD Atto 3, becoming the best-selling imported electric vehicle last month – a symbolic breakthrough for the world’s largest EV maker as it pushes deeper into global markets.

That makes it nearly 20 million won cheaper than the Tesla Model Y – a gap that industry officials say is hard for consumers to ignore.“The strong April numbers reflect both pent-up deliveries and the temporary slowdown in Tesla sales ahead of its refreshed Model Y Juniper release,” said an executive at a foreign car brand, noting that buyers have been holding off for updated models.

According to the Korea Automobile Importers & Distributors Association (KAIDA) on Thursday, BYD sold 543 units of the Atto 3 in April, surpassing Tesla’s long-dominant Model Y Long Range, which sold 533 units, and Model 3 Long Range’s 350 vehicle sales.