Tesla Chinese Rival BYD Predicts Aggressive EV Price War Will Lead to Massive Price Cuts from dougs models Watch Video

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✓ Published: 30-Apr-2024
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BYD, the world's largest EV maker, predicts that electric cars will completely replace petrol vehicles. This has led to a 10% decrease in prices for 50 models in the industry. BYD's main focus is budget models, but China's EV market is slowing down. Chinese carmakers are expanding overseas to compensate for declining profits. Price competition is expected to spread to international markets. BYD, backed by Warren Buffett, recorded a record profit in 2023 with an 80.7 percent year-on-year increase.

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Shelby American, a wholly owned subsidiary of Carroll Shelby International Inc., shocked the performance community when it introduced the limited edition 2024 Shelby Super Snake on the international Barrett-Jackson stage in Palm Beach, Florida. One of the most highly anticipated vehicles of 2024, the 830+ horsepower sports car was designed to be the highest-performing Shelby Super Snake in history.<br/><br/>The 5.0L V8-powered Shelby Super Snake is offered in both 480 and 830+ (supercharged) horsepower versions, giving it super car capabilities. The suspension was tuned for sharper turn in and the exhaust for better air flow, while the brakes and cooling were enhanced to leverage the powertrain’s potential.<br/><br/>This is Shelby American’s first car based on the new S650 Ford Mustang platform. The 2024 Shelby Super Snake demonstrates the perfect balance of form and function.<br/><br/>Shelby American has spent the past years designing its elite version of the car. Lessons learned through thousands of hours spent on the track, the dyno and design studio over the decades have made the 2024 Shelby Super Snake truly a special car.<br/><br/>The 2024 model roars with over 830+ horsepower from its supercharged 5.0L V8; available in either manual or automatic transmission for both fastback and convertible body styles. Only 250 total 2024 model cars will be available in the US, with international partners receiving limited numbers commensurate with their market.
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