Chinese EV giant BYD launches new plug-in hybrid sedan with lower starting price

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The new model goes for a starting price of 79,800 yuan ($11,090), down 20% from the previous version.

The Qin Plus hybrid competes with best-selling gasoline sedans such as Nissan (OTC:NSANY)’s Sylphy and VW’s Lavida.

($1 = 7.1953 yuan)