BYD Promotions

The move extends BYD's promotions to its Dynasty lineup, following the Ocean lineup's launch of a 7-year auto loan program earlier this week.

BYD's Ocean lineup and Fang Cheng Bao sub-brand have launched a 7-year low-interest financing plan, following similar offers from over a dozen other automakers.

BYD is offering discounts on three models, in a move that appears to be aimed at clearing inventory of older models after launching Smart Driving Edition updates.

BYD has expanded its year-end promotion to cover the Dynasty series' Song Pro DM-i, Qin Plus EV, after starting promotions for some models in the Ocean series two days ago.

BYD is offering free vehicle insurance worth up to RMB 5,000 ($690) on a number of Ocean lineup models, ramping up promotions ahead of the Chinese New Year.

The Sealion 05 DM-i has a discounted starting price of RMB 99,800 ($13,670) as BYD looks to capitalize on the peak sales season ahead of the upcoming Chinese New Year holiday.

Customers who buy the Frigate 07 between January 1 and January 31 will get a discount of RMB 18,000, which is up to RMB 7,000 for the Seal series.

BYD today announced promotions focused mainly on models in its Dynasty lineup, aimed at encouraging owners of traditional fuel vehicles to switch to the company's NEVs.

BYD is aiming to sell at least 3 million NEVs in 2023, with nearly 2.4 million sold this year through the end of October.

The Qin family was the third best-selling BYD model in October with 42,767 units sold.