The model will be equipped with BYD's new powertrain and will outperform the Mercedes-Benz G-Class, according to local media.
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Available in 4 cruising ranges: 506 km, 605 km, 610 km, and 715 km.
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Song family models priced around RMB 150,000 contributed 27 percent of BYD's total passenger car sales in February.
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BYD sold 90,639 pure electric passenger vehicles and 101,025 plug-in hybrid passenger vehicles in February.
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Deliveries of the Denza D9 EV began last week, with an executive saying at the time that the Denza received more than 10,000 new orders in February.
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Vehicle insurance registrations for many NEV companies continued to rebound last week, with Tesla registering significant growth.
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The first product of the F brand will be launched within the year and will focus on the off-road segment, according to local media.
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BYD's battery base in Wenzhou has a planned investment of RMB 6.5 billion, with the first production line expected to start production in 2024.
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The price cuts are promotions by some dealers in some areas, and BYD is not considering cutting prices at the moment, a company source said.
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This price cut is sending the signal that stabilizing its existing market share in 2023 may be a more important task than maintaining profit margins for BYD.
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