BYD's Seal rivals Tesla's Model 3 in many ways, UBS analysts found, including a cheaper price tag.
The Seal rivals the Model 3 in many ways, according to UBS, and it does so at a"10-20% lower selling price."
Analysts noted features such as its larger interior space, 5G connectivity, and rotational central cockpit screen, as well as how it"opts for slower acceleration, lower top speed, slower charging speed" as some of its advantages over Musk's popular car.technology , allows for more in-vehicle legroom, a unique car shape, improved performance, and — given the tech introduces a more efficient way of integrating the battery — lower manufacturing costs.
"The floor carpet of the passenger cabin is directly above the battery cell stack, and the top cover of the battery pack serves as the floor of the car body, eliminating one more layer of aluminum or steel," UBS analysts noted."Such a thin battery pack occupies less floor space than others, allowing the car's profile to be low, which reduces aerodynamic resistance and creates a more spacious interior for drivers and passengers.
UBS also said that, when comparing power performance, cost efficiency, and energy density, the BYD Seal's electric system"is in-line with the competition despite being at the relatively lower end of the range, especially compared to the leading solution provided by Tesla's Model 3." Interestingly, unlike Tesla, BYD seems to be steering clear from autonomous driving technology, and instead, is opting for a standard, Level 2, advanced driver assistance system. The company is also outsourcing this tech instead of developing it in-house.
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