BYD still has some work left to do then since the Volkswagen ID.Polo is 26 390 €. The ID.Polo is also considerably prettier than the Dolphin Surf, so it probably needs a bigger price cut to get customers.
10 years ago, a new Renault Clio had a starting price under 14 000 €.
They see how the EU allows EU car companies to gouge their citizens and figured "eh, might as well join in on it. Pure profit."