On September 15, a significant milestone was reached as the 500,000th BYD‘s Yuan Plus rolled off the production line. Simultaneously, the 2023 Yuan Plus was unveiled, marking a new chapter in the model’s evolution. The latest Yuan Plus, launched as the 500,000th mass-produced model in the series, boasts a price range of 135,800 yuan to 163,800 yuan (18,700 USD to 22,500 USD). Under the CLTC standards, the low-end version offers an EV range of 430 km, while the high-end version extends this to 510 km.
In most international markets, the BYD Yuan Plus is known as the ATTO 3, representing BYD’s primary export model. As of August 2023, over 102,000 ATTO 3 vehicles have been exported worldwide. BYD has achieved impressive domestic sales within China, surpassing 359,000 units of the Yuan Plus. These figures reveal a domestic-to-international sales ratio of 78% to 22%. Furthermore, the monthly sales volume of the BYD Yuan Plus (ATTO 3) has consistently exceeded 30,000 units.
The BYD Yuan Plus, designed to cater to a broad market, offers essential specifications. The model measures 4,455 mm in length, 1,875 mm in width, and 1,615 mm in height, with a wheelbase of 2,720 mm. The vehicle’s weight is 1,625 kg, and it comes with the assurance of a 6-year or 150,000-km warranty.
Turning to power and battery capabilities, let’s consider the 135,800 yuan (18,700 USD) low-end version as an example. This model has a front-mounted electric motor boasting a maximum power output of 150 kW (201 hp) and a peak torque of 310 Nm. Accelerating from 0 to 100 km/h takes just 7.3 seconds.
It relies on BYD’s self-produced LFP blade battery, featuring a capacity of 49.92 kWh, which provides an impressive EV range of 430 km. Additionally, it supports 70 kW fast charging, allowing the battery to be charged from 30% to 80% in a mere 30 minutes.
The price is twice as much in Norway/Europe. How come?
Tesla 3 is cheaper.
What’s wrong with the Chinese. BYD is an unknown brand. Until they sell cars, no one will experience or trust their quality, except me – who know their (hi)story, and quality in both safe phosphate batteries and engineering.
Someone ought to educate the Chinese about export to new countries around the world.
Yet VdL is calling for an anti-subsidy probe into Chinese EVs entering Europe since obviously they’re priced too low.
The irony. I wonder which side needs to get “educated” here.
I meant to mention; I bought a BYD Atto 3.
I love the car, but I paid 10,000 USD too much for it, compared to a Tesla 3.
Plus on a Tesla I can fast charge the same Blade/phosphate batteries for half the price on Tsla’s chargers.
And there is no 300 USD yearly charge for “service-control” to maintain the warranty.
Who is pocketing the difference between the Chinese price and the European net price? The freight to Europe doesn’t exceed 3,000 USD per car on a Roll-on/Roll-off ship.
Who is going to explain this difference. They are not able to sell Chinese cars with these prices, doesn’t the Chinese understand this?
BYD’s pricing has certain political considerations. For example, the current price of BYD’s EVs in Europe is more than twice that of China. Even so, the EU is still considering launching an anti-dumping investigation into Chinese EVs. If Chinese EVs lower their prices, they are likely to be sanctioned and punished.
It’s not just a question of price but also of poor features. Byd Atto 3 costs the same as the Tesla Model 3 but goes slower, has less acceleration, doesn’t have frunk, has front-wheel drive, charges the battery very slowly, has a vastly inferior audio system, etc.
You do realize that this doesn’t solely apply to Chinese car makers, right? Take the VW ID 3 for instance. Starts at just under 40 k€ in Germany (before subsidies), while the same car costs the equivalent of under 20 k€ in China.
I bought the basic model this January – for 4,000 USD. With the bigger battery. 420 kilometer WLTP range. It is too little range for me. But never mind that.
Tesla 3 basic, cost the same, with longer range. And less cost to own and fast charge. And a much bigger car.