Is BYD DMi Exempt from Purchase Tax?
1 Answers
BYD DMi models are exempt from purchase tax, including both the DM-i and DM-p variants. BYD's DM-i refers to the DM-i Super Hybrid system, which is based on a high-capacity battery and high-power electric motor. The vehicle relies on the high-power electric motor for propulsion during driving. Here is additional information about DM-i: Dual Platform Strategy: In April of last year, BYD officially announced that its DM models would adopt a dual-platform strategy with DM-p and DM-i. The "p" stands for "powerful," indicating strong performance, while the "i" stands for "intelligent," representing smart, energy-efficient, and high-efficiency features. One platform focuses on performance, and the other on fuel efficiency. Function: The primary role of the gasoline engine is to charge the battery. It directly drives the vehicle only when additional power is needed, and even then, it works in tandem with the electric motor to reduce load. This hybrid technology differs from traditional hybrid systems that rely heavily on the engine, thereby achieving better fuel efficiency. First Model: The Song PLUS DM-i was one of the first DM-i models released by BYD, effectively balancing power and fuel economy. About BYD: Brand: BYD is a Chinese automotive brand founded in 1995, primarily producing commercial and family cars as well as batteries. Scale: Starting with a team of just over 20 people, BYD grew to become the world's second-largest rechargeable battery manufacturer by 2003. That same year, it established BYD Auto, adhering to a development philosophy of independent R&D, production, and branding, with the goal of creating affordable, high-quality vehicles for the masses. The designs incorporate both international trends and Chinese cultural aesthetics. Brand History: BYD Auto's product line quickly expanded from the single "Flyer" microcar to a full range of products, including A-class and C-class fuel vehicles, lithium-ion electric vehicles, and hybrid vehicles.
