Been reading about this EV. Supposed to be a nice car.  Price isn’t much of a surprise since the cost of EVs is overwhelmingly in the batteries, and battery prices are dropping rapidly.  I don’t see the US allowing these to compete with existing US auto manufacturers (including Tesla) but I can see lots of these in the rest of the world, in the very near future.

BYD launches cheaper Seagull electric car with starting price under $10,000 to fuel price war