How the Tesla Model 3 Is Afraid of the New BYD Seal EV

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The new BYD Seal EV is causing concern for Tesla's Model 3.

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The BYD Seal is swiftly emerging as one of the most competitive electric vehicles on the market with the announcement of

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its low starting price and features like quick acceleration, range up to 605 kilometers,

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air suspension, as well as blind spot detection and autonomous parking.

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The Model 3 costs significantly more but has only a modest advantage in range, reaching up to 620 kilometers.

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Customers might be drawn to the Seal's significantly lower price even though it lacks some safety features that Tesla's car has.

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It appears that Tesla may have at last encountered some competition from a different automaker in the EV market.

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