The new BYD Seal EV has Tesla's Model 3 worried.

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With the announcement of its low starting price and features like rapid acceleration, range up to 605 kilometers,

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air suspension, as well as blind spot warning and autonomous parking,

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the BYD Seal is quickly becoming one of the most competitive electric vehicles on the market.

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In comparison, the Model 3 has only a slight edge in range with up to 620 kilometers, but costs considerably more.

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Even with some safety features lacking on the Seal compared to Tesla’s vehicle,

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customers may find the much lower price tag appealing.

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It seems Tesla may have finally found some competition from another car company in the EV world.

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