There is no doubt that this time the
BYD QIN officially debuts, their prices are the focus of everyone's attention. The price of plug-in hybrids is lower than that of fuel vehicles, which was unimaginable for users before. The reason why BYD can sell plug-in hybrids at a lower price than fuel vehicles is not a simple "price war", but thanks to BYD's scale effect and advantages in the entire industry chain, which gives them the ability to price their products. Only by taking the initiative can we confidently offer such a price and accelerate the process of switching from oil to electricity. As a leader in new energy vehicles, BYD is the first car company in the world to possess the three core technologies of new energy vehicles: batteries, motors, and electronic controls. In recent years, BYD has continued to carry out vertical integration, and its scale effect and cost control capabilities have become increasingly sophisticated. The entire industry It is believed that the system advantages of the chain will be fully demonstrated in 2024.
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