Why is the BYD Han DM cheaper than the EV version?
2 Answers
The reason why the BYD Han DM is cheaper than the EV version is that the Han DM is a hybrid vehicle, while the Han EV is a pure electric vehicle. The differences between the BYD Han DM and EV versions are as follows: Exterior: The Han DM's front face maintains a traditional design with a bold and imposing grille, highlighting its family characteristics more prominently. The EV version features a "Dragon Face" design, combining chrome accents with dual LED headlights for a striking visual impact. The overall body lines are smooth and rounded, with a fastback design that exudes a strong sporty feel. Powertrain: The Han DM is equipped with a 2.0T engine and an electric motor with a maximum output of 180kW, capable of reaching a top speed of 185km/h and accelerating from 0-100km/h in just 2.9 seconds. The Han EV is paired with BYD's self-produced lithium iron phosphate battery, offering two powertrain options: a single motor with a maximum power of 163kW and a dual motor with a maximum power of 200kW.
Having driven many new energy vehicles, I found that the lower price of the BYD Han DM primarily comes from savings on battery costs. The EV version is equipped with a large-capacity battery pack, which is the most expensive part of a car—batteries alone account for over one-third of the total vehicle cost. As a plug-in hybrid, the DM model has a much smaller battery capacity, naturally reducing costs significantly. Although it includes an additional engine system, traditional internal combustion engines are now produced at very mature and controlled costs, making them cheaper than large batteries. Moreover, the manufacturer's positioning is clear: the lower price threshold of the DM model aims to attract budget-conscious buyers who are concerned about range anxiety. Crunching the numbers reveals that while the DM is cheaper to buy, fuel costs add up over time, whereas the EV, though more expensive upfront, saves significantly on charging costs in the long run.
