BYD launches self-operated insurance service with more competitive prices

BYD recently launched its own insurance service, which has been piloted in seven cities, including Anhui, Jiangxi, Shandong, Henan, Hunan, Guangdong and Shaanxi. Compared with traditional insurance companies, BYD offers more favorable insurance prices. For example, the full insurance price of Song PLUS is only 2,300 yuan, which is about 700 yuan cheaper than other insurance companies.