BYD(SZ:002594) Guan Cha Zhe Wang·2025-10-31 12:15Core Insights - The launch of the 2026 BYD Song L DM-i and Song Pro DM-i represents a systematic upgrade for BYD in the mainstream SUV market [1][6] - The vehicles are priced between 99,800 to 156,800 yuan, with the Song L DM-i priced at 139,800 to 156,800 yuan and the Song Pro DM-i starting at 99,800 yuan after trade-in benefits [1][6] Summary by Sections Product Enhancements - The 2026 Song L DM-i features an official CLTC electric range of 200 km and an NEDC fuel consumption of 3.4 liters per 100 km when depleted [5] - The 2026 Song Pro DM-i has an official CLTC electric range of 133 km and an NEDC fuel consumption of 3.2 liters per 100 km when depleted [5] - Both models include advanced features such as the Yun Nian-C intelligent damping control system, TBC high-speed tire blowout stability system, and Tian Shen Zhi Yan-C driving assistance system [5] Sales Performance - The BYD Song family has achieved cumulative sales of approximately 3.8 million units, highlighting its significance within BYD's Dynasty series [6] Strategic Positioning - The updates to the Song L and Song Pro DM-i enhance BYD's competitiveness in the increasingly mature Chinese plug-in hybrid market, shifting the focus from "whether to hybrid" to "hybrid quality" [7] - The improvements in electric range and energy efficiency aim to reduce operating costs and capture market share from traditional fuel vehicle manufacturers [7] - The introduction of advanced technologies indicates BYD's strategy to penetrate intelligent chassis and driving technologies into a broader range of models [7]