


Behind the 'electricity is lower than oil', BYD reduces dimensions and attacks fuel vehicles
On February 19, BYD suddenly announced the launch of the Honor version of Qin PLUS and Destroyer 05. The entry-level prices of the two models are as low as 79,800 yuan.
#The Honor Edition model released this time is not a replacement for the previous Champion Edition. While not reducing configurations, the two new models have also been upgraded in the field of intelligence, adding two major configurations: intelligent voice continuous calling and intelligent power on and off, and a new white-glazed green color scheme to meet all-round and multi-level needs. The needs of family sedan users “both want and want”.
Reducing prices without reducing configurations, BYD holds on to pricing power
Different from industry management, the two new Honor Edition cars released by BYD this time, while reducing prices, not only do not reduce configurations, On the contrary, additional allocations - this wave of reverse operations demonstrates BYD's strong pricing power, as well as its impressive product power and brand appeal. Behind it is the scale and technological advantages of BYD's entire industry chain. BYD's confidence lies in its two trump cards: product strength and pricing power.
Last year, BYD shouted the slogan of "same price for oil and electricity" and lowered the price of Qin PLUS Champion Edition to less than 100,000 yuan, breaking through the A-class The line of defense built by fuel vehicles over the years. At the end of last year, BYD Qin PLUS DM-i Champion Edition added new sales and preferential policies, and the price "officially fell below 90,000 yuan", with the starting price reaching 89,800 yuan. In 2023, the cumulative sales of plug-in hybrid models such as BYD DM-i reached 1.438 million units, a year-on-year increase of 52%, achieving an explosion in both market sales and user reputation.
At the beginning of this year, BYD took the lead and took up the banner of change from oil to electricity. It is no exaggeration to say that this is not only an important move for BYD to promote the development of new energy vehicles, but also the ultimate showdown between domestic electric vehicles and joint venture oil vehicles.
Building support from the entire industry chain to build a national family sedan
In this competition between independent brands and joint venture brands, Chinese automobile consumers have become the biggest beneficiaries. While car companies compete for products, configurations, and prices, consumers receive tangible benefits.
To some extent, Qin PLUS DM-i and Destroyer 05 are already the two most cost-effective models in the Chinese automobile market. After the Honor Edition is launched, it can be expected that many young working-class families will make it the first choice for their first car.
In 2023, my country’s per capita disposable income will be 39,200 yuan. Based on this calculation, the couple’s annual income is almost equivalent to a Qin PLUS Honor Edition. Selling price. The "Americans can buy a car after working for a year" that the Chinese people once envied has been realized by Qin PLUS.
In the final analysis, it is able to force joint venture brands to reduce prices in exchange for sales because BYD has insight into and grasps the needs of the market and consumers. Compared with the "three aunts on the road" who have enjoyed premium prices for a long time but have done nothing to improve their products, BYD is more willing to listen to the needs of consumers and align its products and selling prices with market needs. Only this kind of national car that benefits consumers can truly serve as the "jewel in the crown of industry."
The above is the detailed content of Behind the 'electricity is lower than oil', BYD reduces dimensions and attacks fuel vehicles. For more information, please follow other related articles on the PHP Chinese website!

Adding the best Xbox Series X headsets to your setup is one of the most immediate ways you can upgrade your overall gaming experience from an audio standpoint.Audio plays a vital role in modern games, whether you're imbibing the sights and sounds of

The best PS5 headsets are still able to give you a phenomenal audio experience on Sony's current machine, even half a decade on from its launch. In this list, we're recommending the very best options across the price spectrum, all of which we've test

Assassin's Creed Jade is bringing the behemoth stealth series to mobile devices with the very first dedicated game in the series for the mobile gaming world. As a result, Jade has the honor of being one of the more unique installments in development.

The best monitors for PS5 are superb alternatives to TVs if you fancy going the specialist route. These screens can also meet all the demands and needs you and your PS5 will have, whether you're after high-end features like a high refresh rate or som

Compared to other consoles, choosing one of the best Xbox Series X hard drives and SSDs is a relatively easy process. That's because your options are very limited.If you want to get your hands on a storage device that can play Xbox Series X and Xbox

The best PS5 external hard drives should be on your radar if you own Sony's latest system. They're not for everyone, but do fill an important niche in the console ecosystem.Compared to the best SSDs for PS5, they often offer significantly more storag

When you think of educational games, you may have flashbacks to designated computer time in school, playing Jump Start and Math Blasters on an old CRT. But games and technology have come a long way since then, and we can now learn about everything fr

Upon the launch of the iPhone 16e, Apple discontinued the iPhone 14 and iPhone 14 Plus. Despite arriving two and a half years apart, the iPhone 16e actually borrows a large number of features from the iPhone 14. Many iPhone 14 users may now be consid


Hot AI Tools

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Undress AI Tool
Undress images for free

Clothoff.io
AI clothes remover

Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Article

Hot Tools

Notepad++7.3.1
Easy-to-use and free code editor

DVWA
Damn Vulnerable Web App (DVWA) is a PHP/MySQL web application that is very vulnerable. Its main goals are to be an aid for security professionals to test their skills and tools in a legal environment, to help web developers better understand the process of securing web applications, and to help teachers/students teach/learn in a classroom environment Web application security. The goal of DVWA is to practice some of the most common web vulnerabilities through a simple and straightforward interface, with varying degrees of difficulty. Please note that this software

MantisBT
Mantis is an easy-to-deploy web-based defect tracking tool designed to aid in product defect tracking. It requires PHP, MySQL and a web server. Check out our demo and hosting services.

SublimeText3 Chinese version
Chinese version, very easy to use

mPDF
mPDF is a PHP library that can generate PDF files from UTF-8 encoded HTML. The original author, Ian Back, wrote mPDF to output PDF files "on the fly" from his website and handle different languages. It is slower than original scripts like HTML2FPDF and produces larger files when using Unicode fonts, but supports CSS styles etc. and has a lot of enhancements. Supports almost all languages, including RTL (Arabic and Hebrew) and CJK (Chinese, Japanese and Korean). Supports nested block-level elements (such as P, DIV),