Rs 1.9 Crore! Tesla Rival BYD Reveals Its Most Expensive Car To Challenge Ferrari & Lamborghini

After beating Tesla to become the world's biggest EV seller in last quarter, BYD has unveiled its most expensive car 'Yangwang U9', priced at approximately Rs 1.9 crore

BYD Reveals Supercar To Challenge Lamborghini & Ferrari

BYD Yangwang U9 car/ht

BYD's Yangwang U9 is a high-performance, all-electric supercar priced at 1.68 million yuan ($233,450) that will compete with rival brands like Lamborghini and Ferrari.

The company stated during a live-streamed event (on Sunday) in Shanghai that the Yangwang U9 will initially be for the Chinese market. According to the report, the car can reach a top speed of 309.19 km/h and reach 100 km/h (62 mph) in 2.36 seconds.

Tesla Loses World's Biggest EV Seller Title To BYD

In the final quarter of 2023, BYD surpassed Tesla to become the largest EV seller worldwide. Although the company is better known for producing inexpensive electric vehicles, its luxury models are marketed under the Yangwang and Fang Cheng Bao brands, as per Bloomberg report.

The Shenzhen-based behemoth is betting that there is still a market for high-end products that generate higher margins, even in light of the impending price war in China following Lunar New Year.

Later this year, other high-priced EVs under the Yangwang brand are expected to be introduced in China; among them is a luxury sedan that will set you back about one million yuan. Beginning in late November, Yangwang delivered automobiles. It currently only offers one production model, the U8, a high-end sports utility vehicle that retails for 1.1 million yuan. By the end of January, 3,653 units had been delivered by the company.

Also Read: Not Elon Musk, These Two People Had Started Tesla

Ferrari & Lamborghini's EV Cars

ferrari ev/ferrari

lamborghini ev/cnet

BYD's most expensive supercar is set to rival Ferrari and Lamborghini, who have been launching their luxury EVs too. In August 2023, Lamborghini had revealed Lanzador as its first all-electric car. On the other hand, Ferrari is planning to launch its first EV in 2025.

Also Read: How Elon Musk Had Almost Sold Tesla To Google For $6 Billion

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