Sou Hu Cai Jing·2025-09-25 15:48Core Insights - BYD has launched the second generation of the Qin PLUS, introducing three new models aimed at the compact sedan market, with prices starting at 69,800 yuan, making it highly competitive in its segment [2][4] - The new Qin PLUS DM-i 128KM variant has improved its electric range to 128KM from the previous 55KM, with a low fuel consumption of 2.69L per 100KM, and features OTA upgrades for fuel efficiency [2][4] - The market for pure electric vehicles (EVs) is growing, with a reported 61.9% share of new energy vehicle wholesale in the first eight months of 2025, indicating a shift in consumer preference towards EVs [3][4] Company Developments - The second generation of the Qin PLUS includes the EV 420 and 510KM variants, designed to meet urban commuting needs, featuring advanced suspension systems and practical functionalities like NFC keys and smart voice control [4] - The Qin PLUS has maintained a strong market presence, with monthly sales around 30,000 units and over 1.5 million cumulative sales, positioning it as a leading model in the compact sedan category [4] - BYD's focus on rapid product updates and advanced technology has allowed it to capture market share previously dominated by joint venture brands in the compact sedan market [4]