New BYD Song Plus DM-i and Song L DM-i Models
Chinese automaker BYD plans to launch two new models from the Song family on July 25 – the Song Plus DM-i and Song L DM-i. These new SUVs will be the first vehicles from the brand to feature the latest hybrid system, DM 5.0.
Innovative Hybrid System DM 5.0
The hybrid system DM 5.0 represents a significant leap forward in hybrid vehicle technology. This system combines a powerful electric motor with an efficient combustion engine, providing high efficiency and low emissions. BYD continues its commitment to sustainable mobility.
Growing Popularity of Electric Vehicles in China
According to the latest data on electric vehicle insurance registrations in China, ending on July 21, BYD ranked first with 66,700 registrations. Other major players in the market, such as Tesla and Nio, recorded 10,500 and 4,600 registrations respectively.
Market Competition
Other significant players in the Chinese market include Li Auto, which recorded 10,900 registrations, and Xpeng with 1,900 registrations. These figures highlight the growing competition and dynamism in China’s electric vehicle market.
Future of Electromobility
The introduction of new BYD models is anticipated with great interest and could mark another step forward for the entire automotive industry. The continuous growth in electric vehicle sales indicates changing consumer preferences towards greener transportation.