This highly anticipated SUV will unveil on April 18! #ShanghaiAutoShow2023
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Category: BYD Song
All new BYD Song Plus EV was exposed in China. Bigger and better
The BYD Song Plus EV is ready for the Chinese market with 218 horses and nice styling. Let's get to it.
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BYD Mar sales breakdown: Qin 40,850, Song 40,510
The Qin family of models sold a record 40,850 units in March, surpassing the Song family's 40,510 units to become the best-selling BYD model for the month.
BYD today announced its new energy vehicle (NEV) sales for March and later provided a breakdown of the figures for different models.
The Qin family of models sold a record 40,850 units in March, making it the highest-selling BYD model for the month and contributing 19.8 percent of the NEV maker's passenger NEV sales in March.
The sales were up 64.74 percent from 24,797 units in the same month last year and up 33.76 percent from 30,540 units in February, according to data monitored by CnEVPost.
In the first quarter, the Qin family of models sold 85,575 units, up 12.83 percent from the same period last year.
On February 10, BYD let a facelift of the plug-in hybrid sedan Qin Plus DM-i go on sale, offering five versions with a starting price range of RMB 99,800 ($14,530) to RMB 145,800.
This is the first time BYD has made a model with its DM-i powertrain start at less than RMB 100,000.
The Song family -- the top-selling BYD model in many previous months -- sold 40,510 units in March, second only to the Qin family model.
Sales of the family models in March were up 51.56 percent from 26,729 units in the same month last year but down 22.69 percent from 52,400 units in February.
This is the lowest sales for the Song family of models since July 2022. The family sold a record 70,079 units in December of last year.
In the first quarter, Song family models sold 142,775 units, up 93.69 percent from the previous year.
The Yuan family sold a record 40,400 units in March, making it the third highest-selling BYD model for the month.
This represents a 213.64 percent increase from 12,881 units in the same period and a 20.20 percent increase from 33,612 units in February.
The Yuan family of models sold 97,243 units in the first quarter, up 219.56 percent from the same period last year.
BYD Dolphin also sold a record 30,077 units in March, up 186.42 percent year-on-year and 31.56 percent from February.
In the first quarter, BYD Dolphin sold 70,567 units, up 137.86 percent year-on-year.
The BYD Han family of models sold 13,550 units in March, up 9.64 percent year-on-year and up 9.77 percent from February.
The f Han family sold 38,109 units in the first quarter, up 10.69 percent year-on-year.
The BYD Tang family of models sold 12,133 units in March, virtually unchanged from 12,029 units in February and up 26.06 percent from a year ago.
Tang family models sold 33,052 units in the first quarter, up 13.54 percent from a year ago.
The BYD Frigate 07 sold 8,150 units in March, up 26.77 percent from February. The model went on sale on December 9, 2022.
The BYD Seal sold 6,000 units in March, down 22.62 percent from February. The model went on sale on July 29, 2022.
BYD Destroyer 05 -- which went on sale on March 17, 2022 -- sold 3,911 units in March, up 164.97 percent year-on-year but down 21.31 percent from February.
BYD announced earlier today that it sold 207,080 NEVs in March, including 206,089 passenger vehicles, and 991 commercial vehicles.
($1 = RMB 6.8690)
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BYD offers discounts for Song and Seal as China’s auto price war intensifies
Consumers who order BYD's Song Plus lineup this month will receive a discount of RMB 6,800, or RMB 8,800 for the Seal.
(Image from BYD's Weibo)
As the price war intensifies in China's auto industry, BYD has also started offering discounts for its two models, even though the official prices remain unchanged.
Starting tomorrow, consumers who order BYD's Song Plus lineup can get a discount of RMB 6,800 ($980), or RMB 8,800 for the Seal, according to a BYD Weibo post today.
This is a limited-time marketing campaign valid from March 10 to March 31, BYD said.
BYD did not provide more details, but the Song family, as well as the Seal, are among its best-selling models.
BYD sold 193,655 new energy vehicles (NEVs) in February, including 191,664 passenger cars and 1,991 commercial vehicles, the company said in figures released on March 1.
Song family models sold 52,400 units in February, BYD's highest sales in the month, contributing 27 percent of all its passenger car sales.
Song family models include the hybrid Song Pro and Song Max, both of which are part of BYD's Dynasty lineup.
The family also includes the hybrid Song Plus DM-i and the all-electric Song Plus EV, which are part of BYD's Ocean series.
BYD announced today that the offer is limited to these two Song models in the Ocean series, as well as the Seal.
BYD's Seal sold 7,754 units in February, which was up 17.17 percent from 5,043 units in January. The model went on sale on July 29, 2022.
Since the end of last year, several EV makers have cut prices, including Tesla and XPeng (NYSE: XPEV).
Earlier this month, authorities in central China's Hubei province joined forces with a number of local car companies to offer subsidies for consumers to purchase vehicles, with some models offering subsidies of up to RMB 90,000, marking the open entry of fuel models into the price war.
The first to participate are the Dongfeng Motor family of brands, including Dongfeng Honda, Dongfeng Nissan, Dongfeng Citroen, Dongfeng Peugeot and Dongfeng Aeolus, with the Dongfeng Citroen C6 offering a combined subsidy of up to RMB 90,000.
($1 = RMB 6.962)
Automakers in central China's Hubei offer hefty subsidies as sales pressure mounts
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Tesla Model Y ranks No. 2 in top-selling SUVs in China in Feb
TSLA.USBYD Song was the best-selling SUV in China in February with 51,592 retail sales, and the Model Y ranked No. 2 with 25,526 units.
The Tesla (NASDAQ: TSLA) Model Y was the No. 2 best-selling SUV in China in February, with the BYD (OTCMKTS: BYDDY) Song taking the top spot by a significant margin.
Model Y retail sales in China in February were 25,526 units, up 37.3 percent from 18,593 units a year ago, according to data released today by the China Passenger Car Association (CPCA).
That puts the Tesla SUV at No. 2 on the list of best-selling SUVs in China, according to the CPCA's list.
The BYD Song topped the list with 51,592 retail sales in February, up 110.3 percent from 24,532 units in the same month last year.
BYD Yuan Plus retail sales in February were 20,279 units, up 349.1 percent from 4,515 units in the same month last year, and ranked third on the list.
In January-February, BYD Song retail sales were 101,301 units, up 115.6 percent year-on-year, making it the best-selling SUV in China for the first two months.
The Tesla Model Y came in second on the list with 39,710 units in the same period, up 13.6 percent year-on-year, and the Changan CS75 came in third with 35,030 units.
Notably, this is the first time the CPCA has not placed the Model Y in the ranking of high-end SUV sales with a starting price above 300,000 yuan ($43,080).
In the CPCA's previous lists, the Model Y has appeared in the premium SUV sales rankings, even though its starting price has been below RMB 300,000 after two major price cuts.
Tesla Model 3 sales in February were 8,397 units, up 82.3 percent from 4,607 units a year ago, according to the CPCA.
This puts the Model 3 at No. 7 among the best-selling new energy sedans in February.
The BYD Qin was the best-selling new energy sedan in February, with the NIO ET5 ranking 10th on the list with 6,471 units sold.
In January-February, the Tesla Model 3 retailed 21,056 units in China, placing it at No. 6 on the list of best-selling new energy sedans.
The NIO ET5 sold 12,266 units in January-February, ranking No. 9 on the list.
($1 = 6.9661 RMB)
NIO ET5 drops 1 spot in ranking of top-selling premium sedans in China
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BYD Feb sales breakdown: Song 52,400 units, Yuan 33,612 units
Song family models priced around RMB 150,000 contributed 27 percent of BYD's total passenger car sales in February.
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BYD Jan sales breakdown: Song 49,865 units, Yuan 23,231 units
Sales of BYD's main budget models fell less because they have accumulated relatively more orders, analysts said.
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