Question $2$

$4$ pts

BYD Auto Co$.,$ Ltd$.$ is a Chinese multinational manufacturing electric vehicle $($EVs$).$ BYD$\text{'}$s sales volume for the fourth quarter of $2023$ grew $38\%,$ as the company sold more than $526,000$ EVs, nearly $80,000$ more than Tesla. With its motto, "EVs for everyone", BYD$\text{'}$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$\text{'}$s business model?

Service Innovation

Incremental Innovation

Sustaining Innovation

Disruptive Innovation