BYD launches innovation incentives

BYD recently held an internal meeting and announced that it would give a cash reward of 666 yuan to dealers who sold new cars in the first half of the year, with a total investment of more than 1 billion yuan. At the same time, BYD plans to introduce a "fuse" mechanism to manage inventory and reduce the number of vehicle configurations to reduce dealer pressure. This move is intended to motivate dealers and jointly promote the annual sales target of 5.5 million vehicles.