BYD is ready to launch a new energy vehicle brand with a starting price of one million

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Pinwan, August 25th, according to the first financial report, BYD will release a new high-end brand in the fourth quarter of this year, and the price of the new car will exceed 1 million yuan.

This evening, the relevant person in charge of BYD responded to the China Securities Journal: “The high-end brand is tentatively scheduled to be released at the end of this year, and the first hard-core off-road model will be unveiled simultaneously, with a price of more than 1 million yuan.”

In addition, the relevant person in charge confirmed that the brand, product, sales service network, operation and other aspects are a new and independent team.

First Finance and Economics previously reported that according to the previous plan, the price range of BYD’s high-end brands is between 800,000 and 1.5 million yuan. But the latest news is that BYD has raised the starting price of high-end brands to more than 1 million. In addition, BYD’s high-end brand is tentatively scheduled to be released at the end of this year, simultaneously debuting its first hardcore off-road model. The high-end brand is positioned as a million-level new energy brand, with a brand-new and independent team in terms of brand, product, sales service network, and operation.

As for the naming of the high-end brand BYD, it is reported that after several rounds of discussions, the name “Starry Sky” is now more inclined.

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