Core Viewpoint - BYD has launched the Qin L EV, a new mid-sized electric sedan, aiming to promote "rear-wheel drive equality" in the market [1][4]. Group 1: Product Features - The Qin L EV is built on the e-platform 3.0 and offers three versions with ranges of 470 km, 545 km, and 545 km, priced at 119,800 CNY, 129,800 CNY, and 139,800 CNY respectively [1]. - It features a unique integrated smart refrigerator with cooling down to -6°C and heating up to 50°C, capable of operating for 12 hours after the vehicle is powered off [2]. - The vehicle is equipped with advanced intelligent driving capabilities, including 29 sensors (5 millimeter-wave radars, 12 high-definition cameras, and 12 ultrasonic radars) [2]. Group 2: Space and Comfort - The Qin L EV boasts a leading wheelbase of 2820 mm and a high "usable space rate" of 84.8%, enhancing passenger comfort [3]. - The design includes a 65L front trunk and a 460L rear trunk, providing ample storage space [3]. Group 3: Energy Efficiency and Safety - The vehicle's energy consumption is as low as 10.8 kWh/100 km, and it employs a "CTB + high-strength steel + cage safety structure" for enhanced safety [4]. - The rear-wheel drive layout is designed to improve driving dynamics, offering better stability and handling, which is typically associated with performance or luxury vehicles [4]. Group 4: Market Performance - In the first two months of 2025, BYD's new energy vehicle sales reached 623,000 units, a year-on-year increase of 92.52%, making it the top-selling automotive group in China [4]. - BYD's overseas sales of new energy passenger vehicles totaled 133,400 units, reflecting a year-on-year growth of 124.27% [4]. - Analysts expect BYD to maintain high sales levels due to its strong industry chain advantages and expanding product matrix, with continued growth in exports [4].