• The Sealion 07 EV has been renamed the Sealion 7 in Mexico, with a starting price of 949,800 Mexican pesos ($46,200).
  • The Sealion 07 EV is already available in Europe and Thailand and will be launched in Japan later this year.
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BYD (HKG: 1211, OTCMKTS: BYDDY) has launched the Sealion 07 EV in Mexico, bringing the all-electric SUV (sport utility vehicle) to more markets.

The Chinese new energy vehicle (NEV) maker showed off several models at the ABB FIA Formula E World Championship in Mexico on January 10-11, and officially launched the Sealion 07 EV there, according to an announcement yesterday.

The Sealion 07 EV was renamed the Sealion 7 in Mexico, the same way BYD does in other overseas markets.

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The midsize all-electric SUV starts at 949,800 Mexican pesos ($46,200) in Mexico.

BYD launched its new battery electric vehicle (BEV) technology platform, the e-Platform 3.0 Evo, and the first model based on it, the Sealion 07 EV, on May 10, 2024 in China.

The Sealion 07 EV, a (NASDAQ: TSLA) Model Y competitor, has a starting price of RMB 189,800 yuan ($25,880) in China, with deliveries in the country starting the same month as the launch.

The model was launched in Europe and Thailand last year.

Earlier this month, BYD said the Sealion 07 EV would enter the Japanese passenger car market this year, and will be its fourth model in the market after the Yuan Plus, Dolphin and Seal.

In addition to launching the Sealion 07 EV, BYD showed off the Yangwang U9, an electric supercar from its ultra-luxury sub-brand Yangwang, in Mexico, marking the model's Latin American debut.

BYD will introduce more new models in Mexico to meet the diverse car needs of local consumers, said Jorge Vallejo, general director of passenger car sales for its Mexican subsidiary.

BYD's NEV sales in 2024 amounted to 4,272,145 units, up 41.26 percent year-on-year.

It sold 417,204 units overseas in 2024, up 71.86 percent.

($1 = Mexican peso 20.5597, $1 = RMB 7.3317)

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