Etiqueta: Germany

Chinese automaker BYD's all-electric Yangwang U9 Xtreme hypercar set a world record top speed of 308.33 mph at Germany's ATP track, surpassing Bugatti's previous mark with its 2,977-horsepower quad-motor setup and advanced engineering. This milestone highlights China's rising dominance in high-performance EVs, challenging traditional automakers.

As it confirmed Berkshire has sold the last of its shares, the Chinese EV maker thanked Buffett and Munger for their 17-year investment.

China’s Yangwang U9 Xtreme proves EVs can outpace Europe’s combustion royalty

Tesla’s CEO Elon Musk criticized the analysis of European sales in August by Reuters, which wrote in its headline that Chinese giant BYD outsold the US brand in the EU.

China’s BYD has smashed records with its Yangwang U9 Xtreme, clocking in at 496km/h.

August sales figures are in and BYD outsold Tesla in Europe for the second month in a row as the US company continues to struggle.

China's EV maker takes a slight lead in the EU market

BYD Co. is ramping up efforts to crack Germany after a slowdown in sales, adding senior executives to strengthen its operations in Europe’s biggest car market.

Overall car registrations in the EU rose 5.3% as buyers continued shifting toward electrified vehicles, which made up more than 62% of the market.

The Chinese car group has demonstrated its ambitions at the Lyon Auto Show, which runs from September 24 to 28. Le Monde spoke with Stella Li, who jointly manages the company with her husband, Wang Chuanfu.