The Tesla Model 3 will soon have a direct competitor in China, as the largest EV maker there has leaked the specs of its upcoming BYD Seal electric sedan in a regulatory approval filing. The BYD Seal specs include single and dual-motor configurations and an innovative blade battery, while its price will undercut the Model 3 by a wide margin.
https://www.notebookcheck.net/Buffett-backed-BYD-leaks-the-specs-of-its-Model-3-competitor-Seal-with-innovative-blade-battery.608070.0.html