Tesla Model Y Competitor Byton M-Byte Could Beat Elon Musk’s EV To Market

Byton’s M-Byte electric SUV could be unveiled by the mid-2019, according to recent reports. If Byton moves fast, they’ll be able to beat Elon Musk and Tesla’s own crossover SUV, the Model Y, to the market. Here’s what we know about this.

According to Insideevs’ report, the Byton M-Byte electric SUV is expected to be revealed in the middle of this year, and its predicted price is around 300,000 to 400,000 Chinese Yuan. When imported to the U.S., the Byton M-Byte would cost about $45,000 to $75,000. So far, this price range is somehow similar to that of Tesla Model Y’s speculated price. The Byton SUV may directly compete with the Tesla electric SUV when it comes to price as the Tesla SUV is also expected to compete with the current best SUV in the market, the Toyota Rav-4, which also has a similar $45,000 price range.

Currently, the Byton M-Byte has a headstart against Tesla as the concept was previously shown in CES 2018. As showcased at the event, the M-Byte sports a large space for its passengers while also having the features of an electric-powered vehicle. The Byton M-Byte is also confirmed to have a rear-wheel drive and a four-wheel drive. These will allow it to compete with the Tesla Model Y in terms of being a vehicle for outdoor vacations, even though Tesla’s cars often have unique modes that help users get a more comfortable use out of their vehicle.

As of now, Tesla Model Y has only been officially confirmed by the company and Tesla CEO Elon Musk himself in a few tidbits of information. Its use of the Model 3 parts and its fast production have been confirmed so far. The full details of the car specifications have yet to be released.

In March, Tesla is planning to unveil the actual Model Y car to the public which can fully decide if it can compete with the Toyota Rav-4 and its electric car rival, Byton M-Byte. For now, we’ll have to wait for the official reveals of these cars to see which one is better and truly has the upper hand.