BYD & Huawei Called Pure Scams: $70K EV Airbags Fail in a Month, Doors Open on Highway, Owners Cry
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This BYD Qin owner likely bought a high-end version around 2022, costing about 140,000 yuan on the road. Many ride-hailing drivers went in thinking they could work 15 hours a day and recover the cost within a year. But the reality was different. Price wars among carmakers became too intense. By 2023, the BYD Qin dropped to 99,800 yuan, and by 2025 to 2026, prices went even lower. New models are coming out fast, supply is overshooting demand, and used ride-hailing cars have high mileage and battery degradation, so prices fall even more sharply.
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