Warren Buffett-Backed BYD Launches Australia's First EV Under $30K: How The Move Could Strengthen Fight Against Elon Musk's Tesla
1. BYD launches a new Dolphin EV in Australia priced at $29,900. 2. BYD holds 14.6% of the Australian EV market, second to Tesla. 3. Overall EV sales in Australia achieved a record sixth consecutive year. 4. BYD's lower-priced model may disrupt Tesla's market share in Australia. 5. BYD's global EV sales rose 41%, totaling 4.27 million in 2024.