Chinese electric vehicle giant BYD Co (OTC:BYDDY) (OTC:BYDDF) on Tuesday introduced its new mid-size hybrid-electric pickup truck called the Shark in Mexico and it is way cheaper than rival Tesla Inc‘s Cybertruck.
What Happened: The Shark is currently only available in Mexico and BYD is not eyeing entry into the U.S. market, Reuters reported, citing the company’s regional chief Stella Li. The Cybertruck, meanwhile, is limited to the U.S., thinning chances of immediate direct competition between the two trucks.
Cybertruck Vs. Shark In Specs: BYD Shark is available in versions, namely GL and GS, in Mexico. The lower-priced BYD Shark version has a starting price of 899,980 Mexican ...