$12K EV that could change everything

Chinese automaker BYD has introduced the Atto 3, an affordable electric vehicle (EV) priced at around $12,000, at the Indonesia auto show. The Atto 3 is designed to compete with traditional gas-powered vehicles, offering 75 horsepower and a range of up to 236 miles on a single charge. The introduction of the Atto 3 marks a significant development in the EV market, as it aims to make electric transportation more accessible to a wider range of consumers. With its competitive pricing and respectable performance, the Atto 3 could potentially change the dynamics of the automotive industry, making electric vehicles a more viable option for a larger segment of the population. The launch of the Atto 3 in Indonesia is part of BYD's broader strategy to expand its global presence and challenge established automakers in the EV market. The success of this model could pave the way for wider adoption of electric vehicles, particularly in developing markets where affordability is a key factor in purchasing decisions.