BYD unveils supercar to rival Ferrari, Lamborghini

Fast and sleek: The Yangwang U9 EV in Shenzhen, China. The company became the biggest EV seller globally, overaking Tesla in the last quarter of 2023. — Bloomberg

HONG KONG: BYD Co has debuted its most expensive car, a 1.68 million yuan (US$233,450) high-performance fully-electric supercar pitted against gas-guzzling options offered by rivals such as Ferrari NV and Lamborghini.

The Yangwang U9 will initially be for the China market, the company said at a live-streamed event in Shanghai.