Wang Chuanfu said that since the current model is in short supply, the fifth-generation DMI model will be gradually switched to the fifth-generation DMI model in May according to market conditions. The product popularity of the fifth-generation DMI model is expected to continue for 1 to 2 years.

BYD Chairman Wang Chuanfu also believes that the new energy industry has entered the knockout round, and 2024~2026 will be a decisive battle in scale, cost and technology. The accelerated launch of new energy products by Chinese automakers will erode the joint venture brand market. In the next 3 to 5 years, the share of joint venture brands will drop from 40% to 10%, of which 30% will be room for future growth of Chinese brands.

In terms of globalization, Wang Chuanfu said that geopolitical issues require car companies to choose the strategic path of “overseas + localization”. In Europe, South America, the Middle East and other places, BYD and other Chinese car companies need to combine technology and localization strategies. Together, we have formed two major markets, domestic and international, by building factories overseas. It is noticed that Wang Chuanfu also said that last year BYD sold 240,000 vehicles overseas, and this year the target is 500,000 vehicles, and 1 million vehicles in 2025, with doubling growth in the next three years.

In late February this year, BYD launched a price war through the intensive launch of Honor Edition models. Wang Chuanfu said that the main competitors of BYD’s Honor Edition models are fuel vehicles and joint venture brands. In March, sales are expected to exceed 300,000 units, with a passenger car market share of 16%. , the new energy vehicle market share is 35%. Currently, Qin PLUS has encountered a production capacity bottleneck, and will further increase production capacity from April to May. In 2024, full-year sales are expected to grow at least 20% above the 2023 base level.

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Pictures posted online by the BYD News Anti-Counterfeiting Office show that the Qin PLUS DM-i Champion Edition model has a “limited time exclusive price” of 69,800 RMB, as well as a series of benefits such as license plate, tax, “champion gift package”, and interest-free landing. . The relevant content has attracted a lot of attention online recently.

The official also said that the official guide price of Qin PLUS DM-i starts from 99,800 RMB, and a limited-time fuel transfer fund is currently launched, with a limited-time price starting from 89,800 RMB after a huge discount.

According to previous reports, the BYD Qin PLUS DM-i model already had a similar preferential policy as early as November last year: an additional subsidy of 5,000 RMB, and the starting price reached 89,800 RMB. In October, BYD launched a “2,000 RMB discount off 7,000 RMB car purchase price” promotion, involving Qin PLUS DM-i Champion Edition and Destroyer 05 Champion Edition models. The event period is from October 20 to November 30, which is equivalent to Official reduction of 5,000 RMB.

BYD Qin PLUS DM-i Champion Edition has an official guide price of 99,800-145,800 RMB. It is based on the SnapCloud plug-in hybrid dedicated 1.5L high-efficiency engine, EHS electric hybrid system and DM-i super hybrid dedicated blade battery. The engine is the largest The power is 110 horsepower, the peak torque is 135 Nm; the acceleration from zero to zero is 7.3 seconds, the fuel consumption per 100 kilometers is 3.8L, and the comprehensive range is 1245km.

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The media and bloggers said that the Qin PLUS EV model will be officially launched on April 7. This model is positioned as a compact sedan with a length, width and height of 4765/1837/1515mm and a wheelbase of 2718mm.

In terms of appearance, the new car basically maintains the same design of the current model, using the latest Dragon face design language, with a slinky coupe shape, using through the tail lights, and the “Build Your Dreams” tail mark above the light cluster.

The interior design is unknown for now, but is expected to be in line with the new DM-i model, with a larger LCD screen, a new color scheme, upgraded seats, speakers and some features.

As for the power, the new car will be equipped with a model TZ200XSK drive motor with a maximum power of 184 horsepower. At the same time, the car will be equipped with lithium iron phosphate blade battery pack, and has a range of 600km performance, that does not rule out the possibility of BYD to bring 400 km and 500 km version.

For reference, 2021 BYD Qin PLUS EV guide price 14.18 ~ 17.88 million CNY, we expect that the new car may be more than 120,000 CNY.

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The appearance of the 2023 BYD Qin PLUS DM-i inherited the design of the 2022 model but added the ink blue exterior color, the interior of the new warm sun brown and walking cloud blue two colors, the seat upgraded the new perforated process of the seat, increasing the breathability of the seat.

In terms of configuration, the screen of the new car is upgraded to an 8.8-inch instrument panel + 12.8-inch center screen, and the car system is also helicoptered to the latest DiLink 4.0 system. At the same time, the high-end models are upgraded to 8 speakers, the high-end models have new heated front seats, and the car keys are changed from two traditional mechanical keys to one traditional mechanical key + one NFC card key.

In terms of power, the 2023 BYD Qin PLUS DM-i will still be equipped with the DM-i super hybrid system, in which the 1.5L four-cylinder “Snapdragon” naturally aspirated engine has a maximum horsepower of 110Ps and a peak torque of 135N・m, with a thermal efficiency of 43%. By adjusting the engine series-parallel logic, the combined range is also increased from 1200km to 1310 km.

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