BYD unveils 5th-Gen DM Hybrid technology, posing a major challenge to its gasoline rivals

BYD has launched its fifth-generation DM hybrid technology, setting a new benchmark in the plug-in hybrid electric vehicle market. The unveiling took place in Xi’an, Shaanxi province, and introduced significant advancements in fuel efficiency and driving range.

The strategic pricing and enhanced fuel efficiency of BYD’s new models position them as strong competitors against mid-size sedans like Volkswagen’s Sagitar and Toyota’s Corolla, priced at 127,900 yuan and 116,800 yuan, respectively. The Qin L and Seal 06 DM-i not only offer lower prices but also superior fuel efficiency, making them attractive options for budget-conscious consumers.

BYD aims to lead the global development of plug-in hybrid technology and promote the green transformation of the global auto industry. With Warren Buffett’s Berkshire Hathaway as a major backer, BYD has ambitious plans to continue its international expansion, targeting competitive markets in Southeast Asia, Australia, and the Middle East.

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