The latest sedans in the BYD Qin L and Seal 06 models feature the Chinese automaker’s latest plug-in hybrid technology. Priced from 99,800 yuan ($13,775), the BUD says owners of vehicles running the new PHEV technology can save up to 9,682 yuan a year on fuel costs compared with petrol drivers . . . .
With a fully charged battery and a full fuel tank, the technology can ensure a driving range of 2,100 kilometers (1,249 miles), company president Wang Chuanfu said. Now in its fifth generation, the new technology achieves a record low fuel consumption of 2.9 liters per 100 kilometers (62.1 miles) even after the battery runs out.
The previous generation of BYD’s plug-in hybrid technology offered a driving range of a few dozen kilometers on batteries and fuel consumption of 3.8 liters per 100 km purely on the gasoline engine and buoyed the automaker’s rapid growth since 2021 with models such as the Qin Plus DM-i sedan and Song Plus DM-i SUV.
Plug-in hybrids priced at 79,800 yuan have accounted for most of BYD’s sales over the past three years, with the company selling a cumulative 3.6 million such vehicles.
The Chinese company cut the price of its plug-in hybrids by 10-22% in the first quarter, and Qin Song sells fuels such as Lavida and Sagitar on the mass market with lower prices and fuel a the use is limited. It attracted Chinese buyers.
BYD, which is accelerating its international expansion around the world, still trails mass automakers such as Toyota, Volkswagen, General Motors and Stelantis in terms of sales.
BYD teams up with other Chinese EV makers to further challenge Japanese automakers in overseas markets such as Southeast Asia, Australia and the Middle East, where governments impose fewer trade barriers and tariffs.
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