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306090 plan sales3/28/2024 ![]() This will make it hard for traditional gas cars to compete. Its next-gen DM-i system will enable PHEVs to drive over 1,200 miles (2,000 km) with a fuel tank and full charge. This will support further cost reduction, according to the report. The upcoming 4.0 will take it to the next level with more integration and fewer wiring harnesses. The big advantage of BYD’s current 3.0 is the eight-in-one integration, which cuts costs by nearly 20%. Launched in 2021, the platform could be updated to 4.0 this year. BYD Dolphin (left) and Atto 3 (right) Source: BYD Most BYD vehicles are based on its e-Platform 3.0, featuring up to 1,000 km (620 mi) CLTC range. The new platform will update BYD’s DM-i and all-electric models, according to the sources. The report cited several people familiar with BYD’s plans, released at a recent core internal meeting. BYD Seagull (Source: BYD)Īccording to a new 36kr report, BYD will use all of its tech advantages to fight a “liberation battle” over the next three years. ![]() Most recently, BYD revealed its cheapest EV yet, the new Seagull EV (Honor Edition), starting at a “shocking price” of $9,700 (69,800 yuan). ![]() BYD Dolphin EV Honor Edition (Source: BYD)īYD also launched slashed prices on the Yuan Plus, its best-selling EV, and new Tang and Han models, fueling the price war with ICE cars. The automaker said it was “directly destroying the moat of joint venture vehicles.” In other words, legacy automakers that are still selling gas-powered cars.īYD has followed it up with several lower-priced versions of its top-selling models, including the new Dolphin EV Honor Edition, starting at $13,900 (99,800 yuan). Last year, BYD introduced a DM-i model priced below the 100,000 yuan ($13,900) mark for the first time. BYD Atto 3 (Source: BYD) BYD launching lower-cost EV platform to fuel price war The all-electric Qin Plus is offered with 48 kWh or 57.6 kWh battery packs for up to 261 mi (420 km) or 316 mi (510 km) CLTC range, respectively. It includes up to 74 mi (120 km) NEDC all-electric range. The DM-i (PHEV) version is even cheaper, starting at around $11,000 (79,800 yuan). Starting at $15,200 (109,800 yuan), the new EV officially opened a “new era of electricity is cheaper than oil.” It’s gas-powered cars.īYD launched a price war on ICE vehicles last month with the new Qin Plus EV and PHEV models. Best known for its low-cost EVs, such as the Dolphin, Atto 3, and sleek Seal sedan, BYD is taking its game up a notch in 2024.Īfter surpassing Tesla to become the largest EV maker globally in the last three months of 2023, BYD says Tesla is not the competition.
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