BYD has launched an updated version of Seagull, with the starting price reduced to 69,800 yuan, or about $9,700.。

(Image source: BYD)

BYD (HKG: 1211, OTCMKTS: BYDDY) has launched an updated version of Seagull, further reducing the price of the cheapest model in the latest round of model updates。

The new energy vehicle (NEV) maker today launched the Seagull Glory Edition, which starts at 69,800 yuan (US $9,700), down 4,000 yuan, or 5, from the previous starting price of 73,800 yuan..42%。

On February 19, BYD launched the latest round of model updates, the introduction of Qin Plus Glory Edition and Chaser 05 Glory Edition。The company introduced Champion Editions in its last round of model updates last year.。

The starting prices of Qin Plus Glory Edition and Chaser 05 Glory Edition are both lowered to 7.980,000 yuan, only 6,000 yuan higher than the original starting price. Seagulls are obviously available.。

The low starting price of the Seagull Glory Edition has widened the spread between the model and the Qin Plus Glory Edition and the Chaser 05 Glory Edition to $10,000.。

BYD launched Seagull on April 26, 2023, with starting prices of $73,800, $78,800 and $89,800 for 2023 models.。

BYD Seagull Glory Edition continues to launch three models, starting at 6.980,000 yuan, 7.580,000 yuan, 8.$580,000。

The main specifications of pure electric vehicles (BEV) remain unchanged, with length, width and height of 3,780 mm, 1,715 mm and 1,540 mm, respectively, and a wheelbase of 2,500 mm。

The model continues to be powered by a blade battery based on lithium iron phosphate chemistry, and the two cheapest versions have a battery pack capacity of 30.08 kWh, the most expensive battery pack capacity is 38.88 kWh, same as before。

The three versions of CLTC have a range of 305 km rs, 305 km and 405 km。

It is equipped with an electric motor with a maximum power of 55 kilowatts, a peak torque of 135 Nm, and an acceleration time of 4 from 0 to 50 km / h.9 seconds。BYD did not mention the acceleration time of the model from 0 to 100 km / h。

As the cheapest model, the Seagull allows BYD to reach more price-sensitive potential customers。

BYD has also entered the ultra-luxury car market through the Yangwang brand, which has launched a starting price of 109.The 80,000 yuan Yangwang U8SUV and the 1.68 million yuan U9 electric supercar。

According to data compiled by CnEVPost, the Seagull is one of BYD's best-selling models, with sales of 280,217 units in 2023, accounting for 9% of BYD's annual sales of 3,024,417 units.。

BYD sold 122,311 new energy vehicles in February, and the Seagull was BYD's fourth highest-selling model with 13,492 sales.。

On March 4, BYD said it launched the West Valley ll in Brazil and Mexico, but the model is known locally as the Dolphin Mini.。

The Dolphin is another slightly more expensive model of BYD, which received a Glory Edition update on February 23, starting at 9.980,000 yuan, 1 lower than the previous version..70,000, down 14.55%。

($1 = RMB 7.1987)