Geely has launched the TT, an electric sport sedan in China, with a starting price of 129,900 yuan, or about $19,100. According to Electrek, that is roughly half the price of a Tesla, making the TT one of the most aggressively priced EVs in its segment. The sedan offers a claimed range of 640 kilometers.
The TT comes with 800V fast charging and LiDAR as standard equipment on every trim, features typically reserved for more expensive electric vehicles. By bundling next-generation charging hardware and advanced driver-assistance sensors at this price point, Geely is pushing premium technology further downmarket.
The launch reflects the intensifying price competition in China's EV market, where automakers are using scale and supply-chain advantages to undercut established players. This article is based solely on Electrek's report, so no independent verification of the specifications or pricing was available.