BYD’s new luxury brand Yangwang is selling its first model, the U8, for more than 1 million yuan (US$160,000).
CNBC | Evelyn Cheng
BEIJING — BYD has overtaken Tesla again by the sheer number of new energy vehicles produced in 2023, thanks in part to the Chinese automaker’s hybrids and wide range of offerings in a lower price range.
While Tesla’s Model Y was the best-selling purely battery-powered car in China for the six months ending in November, BYD vehicles accounted for four of the top 10 such cars sold during that time. When including hybrids, seven BYD cars made the top 10 list.
That’s according to China Passenger Car Association data cited by consumer information site Autohome.
Here are the five best-selling BYD new energy vehicles in China, according to the data:
1. Qin Plus
SHENYANG, CHINA – APRIL 01: A BYD Qin Plus DM-i sedan is on display during the Shenyang Auto Show at Shenyang International Exhibition Center on April 1, 2023 in Shenyang, Liaoning Province of China. (Photo by VCG/VCG via Getty Images)
Vcg | Visual China Group | Getty Images
The Qin Plus, BYD’s bestseller — the top-ranked across all new energy vehicles in China — sold nearly 400 more units than Tesla’s Model Y in the six months ending in November.
The compact car comes in hybrid and battery-only versions. It’s part of BYD’s legacy series of cars named after Chinese dynasties. Qin Shihuang was the first leader of a unified China and known for his terracotta warrior burial site.
Price: 99,800 yuan to 176,800 yuan ($13,942 to $24,700)
Range: 420 km to 610 km (261 miles to 379 miles)
For comparison, the Model Y has a driving range of 532 km to 688 km and currently sells for between 266,400 yuan to 363,900 yuan ($37,217 to $50,838) in China.
2. Seagull
SHANGHAI, CHINA – APRIL 18: A BYD Seagull small electric car is on display during the 20th Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center (Shanghai) on April 18, 2023 in Shanghai, China. (Photo…
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