EV company BYD (OTC:BYDDF) (OTC:BYDDY) has reduced the starting price of the new version of its Seagull EV by 5.4% as compared to its former version in China. What Happened: The basic price of the Seagull— the lowest-priced model from BYD— now stands at 69,800 yuan (about $9,696), reported Reuters. BYD has been rolling out several new car versions at lower prices since February, intensifying the price war in the Chinese EV market. On Monday, it was reported that the company has introduced a new version of its best-selling EV—the Yuan Plus crossover— priced 11.8% lower than the final sales pric…