BYD Co., Ltd. is set to unveil its latest DM (Dual Mode) hybrid technology next week, which is said to extend vehicle range to 2,000 kilometers with a full tank of gas and complete charge, according to a report from CnEV Post. The Chinese new energy vehicle maker made the announcement on Weibo today, stating that the fifth-generation DM technology will be launched on May 28.
At BYD’s Xi’an production facility in Shaanxi province, a monument commemorating the birthplace of the world’s first plug-in hybrid vehicle was revealed, along with the company’s plans to advance hybrid technology. BYD first introduced plug-in hybrids with the F3DM in 2008, which has since been discontinued. The company began developing plug-in hybrid technology in 2004 and introduced its first-generation DM hybrid technology platform in 2008.
In March, BYD’s chairman and president, Wang Chuanfu, announced the upcoming launch of the fifth-generation DM hybrid technology in May during an investor conference. He shared that fuel consumption would decrease to 2.9 liters per 100 kilometers on a low charge, while the vehicle’s range would extend up to 2,000 kilometers with a full charge and full tank of gas. Wang indicated that the transition to the fifth-generation DM model would happen gradually in May, depending on market conditions.
On Thursday, BYDDF shares closed lower by 2.82% to $27.21. Please note that this content was partially produced with the help of AI tools and reviewed and published by Benzinga editors.
