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Tesla vs BYD: the clash of the giants
The brands Tesla and BYD are leaders in the electric car market. In fact, Tesla is expected to have more than 18 % of the electric car market in 2022, closely followed by BYD with 12.7 % according to the European Commission. Statista.
The questions we're asking ourselves are: "How do the Chinese electric car manufacturers have they succeeded on the international stage in just a few years?" or "To what extent is BYD able to overshadow Elon Musk?
Over the last few decades, China has succeeded in establishing itself on the international stage thanks to :
- an ambitious government strategy : the Chinese government has taken steps to support the development of the electric car industry, in particular by subsidising the purchase of electric cars. electric cars and investing in R&D.
- a large domestic market China is the world leader in the automotive and electric car markets.
- competitive production costs: China has a low-cost labour force and an integrated supply chain, enabling Chinese manufacturers to produce electric cars at lower costs than their international competitors.
To illustrate these remarks in figures:
- In 2022China sold more than 3.5 million electric carsIn other words, more than the rest of the world combined (despite their limited presence in European markets, in this case the French market).
- End 2023China is expected to account for more than 50 % of global sales of electric cars.
For a more telling example, here are the countries where the most electric vehicles were sold in 2009 battery (in thousands) over 10 years.
Source : Statista
BYD therefore has every intention of conquering the European market, as demonstrated by the launch of its new model, the BYD Seal. The latter is the first competitor of the new Tesla Model 3, for a variety of reasons.
These two electric vehicles offer high performance, a large load capacity and a very low fuel consumption. autonomy sufficient for long journeys. Naturally, there are some notable differences between them, which we'll explain as we go along.
Comparison between Byd Seal and Tesla 3
The two market leaders in electric vehicles recently unveiled their latest models: the BYD Seal and the Tesla Model 3.
What are the similarities between the Byd Seal and the Tesla 3?
At first glance, these two models fall into the category of electric saloonsThe BYD Seal is positioned between SUVs and city cars. Like the Tesla Model 3, the BYD Seal has 4 doors and a boot (not a hatchback).
These two models stand out for their sophisticated materials, their undeniable elegance and finesse. Indeed, the BYD Seal and the Tesla Model 3 have a number of similarities, including
- The design They have a sleek, minimalist design with no frills. Combining sportiness and comfort, these vehicles will be your perfect allies on business trips.
- The roof Both vehicles feature a flat, panoramic roof for an enhanced driving experience.
- The touch screen with their cutting-edge technology, both feature a central touchscreen for unprecedented driving comfort.
- Brightness LED technology at both front and rear.
- Seating The 2 competitors offer five seats.
- Transmission The two electric cars being compared are both rear-wheel drive.
In conclusion, the BYD Seal and the Tesla Model 3 have similar designs, although the BYD is slightly larger.
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Technical specifications of the BYD Seal and the Tesla 3
As mentioned earlier, there are a number of similarities between these saloons. It's worth noting that the two electric cars being compared are entry-level models: the Design for the BYD and the Propulsion for the Tesla.
That said, there are a few differences from a performance point of view. Here is a summary table:
| CARACTÉRISTIQUES | BYD SEAL DESIGN | TESLA MODEL 3 PROPULSION |
|---|---|---|
Autonomy | 570 km | 491 km |
Battery capacity | 84 kWh | 60 kWh |
Fast recharge | 26 min | 25 min |
Slow recharge | NC | 2235 min |
Consumption | 145 Wh/km | 144 Wh/km |
Engine power | 313 ea | 283 hp |
Maximum speed | 180 km/h | 225 km/h |
Engine torque | 360 Nm | 420 Nm |
BYD vs Tesla Model 3: which has the longest range?
It's important to remember that the range of your electric vehicle varies according to a number of factors, such as your speed, traffic, gradients and weather conditions.
That said, the BYD Seal is said to have a range of 570 km, while the Tesla Model 3 has a range of 491 km.. Almost 100 km apart, but the two electric saloons will be your perfect allies on business trips.
BYD vs Tesla Model 3: list price and leasing
The list price of these two saloons is relatively similar, give or take €5,000. In fact, the price of 41,900 for the Tesla Model 3 and therefore 46,900 for the BYD Seal.
If you opt for leasing, we can offer you the Tesla Model 3 from 515/month for professionals.
On the other hand, the BYD Seal is available from NC/month still under long-term leasing.
As a reminder, as a professional, you are eligible for the environmental bonusthe conversion premiumbut also to regional aid for electric cars and a favourable tax treatment for electric vehicles !
If you deduct only the ecological bonus from the price of an electric vehicle, which amounts to €3,000 for professionals, you could buy the Tesla Model 3 for €38,900 instead of €41,900, a reduction of -7.16 %.
Ecological bonus 2024: key points to remember
In view of the latest news concerning the environmental bonus 2024, a number of changes have been from 15 December!
To put this briefly into context, an ecological bonus was allocated by the government to all electric cars costing less than €47,000This is the case across all manufacturing locations. However, with the proliferation of vehicles produced in Asia, such as Tesla and Chinese manufacturers such as BYD, the number of vehicles produced in China is increasing, the bonus will be awarded according to the carbon impact of the vehicle's production in 2024. This carbon impact will be calculated by an "environmental score" based on the CO2 emissions generated during production, including the battery and transport.
The official list of eligible cars will not be published until December. But don't wait! Vehicles on order up to 15 December and delivered within three months will still benefit from the old bonus.. (Note that Tesla and BYD are both eligible for the latter).
As you might expect, leasing for these electric saloons is available on our website Beev.cowith no deposit and no increased first rent.
What's more, if you want to install charging stations for your company, our Beev experts are on hand from Monday to Friday, 9.30am to 7pm, to advise you, support you and help you through the process.
The Tesla Model 3 or the BYD Seal: which to choose?
Here we set out the different reasons for buying these two electric saloons, depending on your needs.
BYD Seal: the high-performance competitor
La BYD Sealinspired by the maritime world, could be a good way of acquiring an electric car. Shenzhen-based BYD has 20 years' unrivalled expertise in electric batteries. As proof, the Asian giant supplied Tesla with its Model Y. Based on this premise, the batteries in the BYD models would be the best way to ensure the longevity of your electric vehicle.
For more information, see our article "How long does an electric car battery last?"
What's more, the BYD Seal offers performance and features comparable to those of a thermal vehicleThis is particularly true in terms of autonomy and autonomous driving. Since BYD invests heavily in research and developmentThis makes the BYD Seal a high-performance, feature-rich vehicle.
To put it more broadly, this brand of electric cars would be an interesting one to acquire for a number of reasons:
- BYD is one of the electric car manufacturers the most affordable on the market, taking the ranges as a whole, enabling professionals to recoup their costs.
- The Chinese brand offers a wide range of electric vehicles, from SUVs to saloons and city cars. The result is a diverse range that allows customers to find the electric vehicle that best suits their needs and budget.
For more information, feel free to read our article: "BYD vs Tesla: will the Chinese brand dethrone the American giant?"
Tesla Model 3: still a favourite among drivers
Here's the video test we did on the Tesla Model 3 to explore all the vehicle's features:
If we compare the two electric cars purely in terms of price, the Tesla Model 3 costs €41,900, which is cheaper than the BYD Seal. What's more, this Tesla is seen by customers as a prestigious vehicle that can contribute to a company's brand image. The advantages of acquiring a Tesla are as follows:
- Tesla vehicles are exempt from VAT, representing a significant saving for companies.
- These are renowned for their comfort and safety, ideal for professionals who spend a lot of time on the road...
- They are all equipped with a host of advanced technologies, such as autonomous driving, automatic emergency braking and different modes (e.g. sentry mode to monitor the vehicle's surroundings and receive alerts about potential threats on your phone).
For more details, here is an extract from a2023 TVS summary table to help you calculate your tax liability TVS calculation :
| Émissions de CO2 (gr/km) | Tarif par g de CO2 (NEDC) | Tarif WLTP |
|---|---|---|
Up to 20 g/km | 0,00 € | 0 € |
From 21 to 50 g/km | 1,00 € | 17 à 40 € |
From 51 to 60 g/km | 1,00 € | 41 à 48 € |
From 61 to 100 g/km | 2,00 € | 49 à 150 € |
If you're interested in buying a Tesla, read our article 5 reasons to choose a Tesla.
Conclusion: BYD Seal or Tesla Model 3?
Are you a professional looking for a high-performance, durable electric car that reflects your company's image? In our opinion, the BYD Seal is the electric vehicle for you.
On the one hand, the Tesla Model 3 offers a range of 491 km, enough for long journeys. It also boasts a sleek, modern design and a host of advanced safety features. In other words: the ultimate business travel package.
On the other, the BYD Seal lets you cover long distances without having to worry about the range of your vehicle with its 570 km range. Its durable batteries, manufactured by BYD, the world leader in the production of electric batteries, guarantee a long life. The BYD Seal is also a high-performance car, with a 313 bhp engine that allows you to reach a maximum speed of 180 km/h. It also comes with a host of advanced safety features to ensure you drive in complete safety.
In conclusion, the choice between the BYD Seal and the Tesla Model 3 depends on the needs and priorities of each professional.
Professionals looking for an electric car with a long range and an electric battery of a certain standard will be delighted with the BYD Seal. On the other hand, professionals looking for a renowned vehicle with cutting-edge technology, exemption from VAT and a competitive price will be satisfied with the Tesla Model 3.
