Question: BYD Auto Co . , Ltd . is a Chinese multinational manufacturing electric vehicle ( EVs ) . BYD ' s sales volume fo the

BYD Auto Co., Ltd. is a Chinese multinational manufacturing electric vehicle (EVs). BYD's sales volume fo the third quarter of 2024 grew 38%, as the company sold more than 526,000EVs, nearly 80,000 more than Tesla. With its motto, "EVs for everyone", BYD's line-up of cars cost between USD 13,200 and USD 45,000, compared to Tesla's starting price of USD 50,000.
What type of innovation best describes BYD's business model?
Sustaining Innovation
Incremental Innovation
Disruptive Innovation
Service Innovation
BYD Auto Co . , Ltd . is a Chinese multinational

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