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Ecodrive Daily > News > BYD officially enters the South Korean market
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BYD officially enters the South Korean market

January 19, 2025 3 Min Read
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BYD officially enters the South Korean market
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On January sixteenth, BYD held a press convention in Incheon, South Korea, formally saying its plans to enter the South Korean auto market. BYD said that they are going to introduce three fashions to the South Korean market this yr: BYD Atto 3, BYD Seal, and BYD Sealion 7. 

The BYD Atto 3 would be the first automotive obtainable and is open for pre-order beginning at present. The automotive is predicted to start deliveries to prospects from mid-February onwards. This announcement comes quickly after South Korean regulators granted the Atto 3 emissions and noise certifications.

The Atto 3 will are available two variations: the usual model and the Atto 3 Plus model. Each are outfitted with lithium iron phosphate batteries with a capability of 60.48 kWh. Beneath regular circumstances, the driving vary on a single cost is 321 km. The battery may also be charged from 20% to 80% in simply half-hour. 

The Atto 3 is priced beginning at 31,000,000 KRW (21,300 USD). For reference, in China, the BYD Atto 3 (often known as the BYD Yuan Plus) sells for 119,800 yuan (16,650 USD) for the bottom mannequin. BYD’s South Korean subsidiary plans to launch the compact electrical sedan, BYD Seal, and electrical SUV, Sealion 7, inside this yr. The fashions are anticipated to debut within the first half of 2025.

BYD is not any stranger to South Korea. The corporate has operated for practically 10 years in South Korea providing merchandise similar to electrical forklifts, electrical buses, and electrical vans. BYD is collaborating with six licensed sellers in South Korea. The corporate introduced they are going to open 15 showrooms and 11 service facilities in main cities and areas, together with Seoul and Jeju Island.

See also  BYD sold nearly million passenger vehicles in Q1, up 60%. Export is up 111% to a new record-high

Cho In-cheol, Head of the BYD South Korean Passenger Automobile Division, said that the corporate will work carefully with sellers and companions to constantly improve the model expertise. He moreover revealed that the corporate will showcase its new automobiles on the Seoul Mobility Present in April later this yr.

Sources: Xinhua, ITHome

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