BYD's Seal DM-i will hit the market in the third quarter, and the Zhengzhou base is expected to have a monthly production capacity of up to 30,000 units.
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The BYD Seal DM-i PHEV sedan rolled off the production line in China with 200 km of electric range. Ready for the market launch.
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The interior of the BYD Seal DM-i (A.K.A Destroyer 07 / Chaser 07) was unveiled in China. This PHEV sedan can run up to 200 km on a single charge.
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Toyota bZ3 is the first EV jointly developed by Toyota and BYD, produced by FAW-Toyota's Tianjin factory and supplied to the Chinese market.
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The new BYD Seal starts at RMB 189,800, down RMB 23,000 from its predecessor's RMB 212,800. | BYDDY.US | BYD HK
(Image credit: BYD)
When price cuts are tricky, making the price lower by releasing a facelift becomes a better option to stimulate sales.
BYD (OTCMKTS: BYDDY) today officially made an improved version of its all-electric Seal sedan available for a starting price of 23,000 yuan ($3,320) less than the previous model on sale.
The new energy vehicle (NEV) giant calls the new Seal the "Champion Edition," in line with what it did earlier this year when it launched improved versions of several other models.
The new BYD Seal comes in five variants with starting prices of RMB 189,800, 202,800, 222,800, 239,800 and 279,800 respectively, marking the first time the model has been priced below RMB 200,000.
By comparison, the BYD Seal was previously available in four versions, with starting prices of RMB 212,800, 225,800, 262,800 and 289,800 respectively.
Previously the model was offered in three rear-wheel drive versions and one four-wheel drive version, with the former offering two with a CLTC range of 550 km and one with a range of 700 km, and the latter with a range of 650 km.
The latest BYD Seal has an additional, less expensive, rear-wheel-drive version with a range of 700 km. Its performance is lower, however, with a peak motor power of 170 kW and peak torque of 330 Nm.
The previously available rear-wheel drive version with a range of 700 km has been renamed the 700 km Performance Edition and is priced at RMB 239,800, down from RMB 262,800. It has a peak motor power of 230 kW and peak torque of 360 Nm.
The core specifications of the other versions remain unchanged from the previous version, but new features have been added, including support for the iPhone NFC digital car key.
The BYD Seal measures 4,800 mm in length, 1,875 mm in width and 1,460 mm in height, and has a wheelbase of 2,920.
It can accelerate from 0 to 100 km/h in 7.5 seconds for the entry version and 3.8 seconds for the 4WD version.
Both versions of the 550 km model are equipped with a battery pack with a capacity of 61.4 kWh, while all other versions have a capacity of 82.5 kWh.
The BYD Seal was originally launched in China on July 29, 2022 and is seen as one of the strongest rivals to the Tesla Model 3 in China.
Deliveries of the model began in August last year, with more than 15,000 units delivered in both November and December, data monitored by CnEVPost show.
But this year, with the overall weak performance of China's NEV market following the withdrawal of some stimulus policies and a price war, sales of the Seal have slumped, selling only about 6,000 units in each of the past two months.
To boost sales, BYD began offering discounts for the Seal as well as the Song in early March and extended them through the end of April after that offer expired at the end of March.
BYD did not lower the official prices of the model, as such a move could easily lead to a bigger price war and protests from owners.
In fact, BYD isn't the only one to get prices down by releasing a facelift.
Hozon Auto's electric vehicle brand Neta Auto yesterday launched two new variants of its flagship sedan Neta S, lowering the model's starting price by RMB 13,000 to under RMB 200,000.
The two new variants -- the all-electric Neta S 520 Lite and Neta S 520 -- start at RMB 189,800 and RMB 199,800 respectively.
The previously lowest-priced battery electric vehicle (BEV) version of the Neta S was the version with a CLTC range of 715 km, starting at RMB 248,800.
The Neta S is also available in an extended-range version with a starting price of RMB 202,800.
($1 = RMB 6.9273)
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The price of the new BYD Seal has decreased by about 10%, and currently, the monthly sales of the old Seal are about 6,000.
The post 2023 BYD Seal Launched, Starting at 27,400 USD with 550 km Range appeared first on CarNewsChina.com.
Seal gets cheaper again!
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The BYD Dolphin will be available for pre-order this summer, with deliveries in the fourth quarter, and the Seal will be available in Europe shortly thereafter, BYD said. | BYDDY.US | BYD HK
(Image credit: BYD)
The BYD Dolphin and Seal will be available in Europe within the year, and will be the first time the company's Ocean series models to be brought there.
BYD recently held a new car launch in Barcelona, Spain, announcing that the Dolphin and Seal will be available in Europe in 2023, according to a press release from the company today.
The Dolphin will be available for pre-sale this summer, with deliveries in the fourth quarter, and the Seal will be available in Europe shortly thereafter, BYD said.
The two models will be BYD's new batch of all-electric models in Europe, following the launch of the Han, Tang and ATTO 3 in Europe last year, and will be the first Ocean series models to be launched for the European market.
These two models will further enrich BYD's European new energy vehicle (NEV) model matrix and will allow more users to enjoy a high-quality new energy mobility experience, BYD said.
BYD officially launched the BYD brand and three models to the European market at the Paris auto show in October 2022. Now, the arrival of the Dolphin and Seal models marks BYD's determination to further expand into the European NEV market, said Michael Shu, general manager of BYD Europe.
On September 28 last year, BYD introduced three battery electric vehicles (BEVs) -- Atto 3, Han, and Tang -- to the European market at an online launch event for delivery to Norway, Sweden, Denmark, the Netherlands, Belgium, Luxembourg and Germany.
All three models are part of BYD's Dynasty series, with the Atto 3 being the first SUV based on BYD's e-Platform 3.0, known as the Yuan Plus in China. Han is the company's flagship all-electric sedan, and Tang EV is its flagship SUV.
Both the Dolphin and the Seal are models in BYD's Ocean series, the former an all-electric compact car and the latter an all-electric sedan.
BYD sold 207,080 NEVs in March, up 97.45 percent from 104,878 units in the same month last year and up 6.93 percent from 193,655 units in February, according to data released on April 2.
In March, BYD sold 13,312 NEVs in overseas markets, down 11.27 percent from 15,002 units in February.
The company stopped producing and selling vehicles powered entirely by internal combustion engines in March last year and switched to focus on producing plug-in hybrids and pure electric vehicles.
BYD Dolphin sold a record 30,077 units in March, up 186.42 percent year-on-year and up 31.56 percent from February.
The BYD Seal sold 6,000 units in March, down 22.62 percent from February.
BYD flexes innovation muscle, unveils intelligent body control system
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Between April 7 and April 30, consumers who purchase the Seal can receive a combined discount of up to RMB 31,000.
(Image credit: CnEVPost)
BYD (OTCMKTS: BYDDY) offered discounts on the Seal and Song Plus during a price war in the Chinese auto industry a month ago and the benefits expired at the end of March.
Now, the new energy vehicle (NEV) giant has extended the offer on Seal and stepped it up.
Between April 7 and April 30, consumers who purchase the Seal can receive a combined discount of up to RMB 31,000 ($4,510), BYD announced today on Weibo.
Consumers who purchase the model now can receive benefits including an RMB 15,000 cash discount, an RMB 6,000 trade-in subsidy, and a 2-year zero-interest loan.
The BYD website currently shows the suggested retail prices of the Seal at RMB212,800 to RMB 289,800, the same as before.
On March 9, BYD announced that consumers who order the BYD Song Plus series in March will receive a discount of RMB 6,800, or RMB 8,800 for the Seal.
This is a limited-time marketing campaign valid from March 10 to March 31, BYD said at the time.
Information on BYD's website shows that the discount on the Song Plus series has also been extended to April 30, although the amount of the discount is the same as before.
BYD sold 207,080 NEVs in March, up 97.45 percent from 104,878 units in the same month last year and up 6.93 percent from 193,655 units in February, according to previously released data.
The BYD Seal sold 6,000 units in March, a decrease of 22.62 percent from February. The model sold 20,372 units in the first quarter, down 51.5 percent from the fourth quarter of last year.
($1 =RMB 6.8760)
BYD offers discounts for Song and Seal as China's auto price war intensifies
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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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