BYD officially made an improved version of its all-electric Seal sedan available for a starting price of 23,000 yuan less than the previous model on sale.

The new energy vehicle (NEV) giant calls the new Seal the "Champion Edition," in line with what it did earlier this year when it launched improved versions of several other models.

The new BYD Seal comes in five variants with starting prices of RMB 189,800, 202,800, 222,800, 239,800 and 279,800 respectively, marking the first time the model has been priced below RMB 200,000. By comparison, the BYD Seal was previously available in four versions, with starting prices of RMB 212,800, 225,800, 262,800 and 289,800 respectively.

Previously the model was offered in three rear-wheel drive versions and one four-wheel drive version, with the former offering two with a CLTC range of 550 km and one with a range of 700 km, and the latter with a range of 650 km.

The latest BYD Seal has an additional, less expensive, rear-wheel-drive version with a range of 700 km. Its performance is lower, however, with a peak motor power of 170 kW and peak torque of 330 Nm.

The previously available rear-wheel drive version with a range of 700 km has been renamed the 700 km Performance Edition and is priced at RMB 239,800, down from RMB 262,800. It has a peak motor power of 230 kW and peak torque of 360 Nm.