Chinese carmaker BYD has unveiled its first all - electric supercar modelling , capable of accelerating from 0 to 100 kilometers ( 62 miles ) per hour in just 2.36 seconds . With a top speed of 309.19 kilometers ( 218 miles ) per hour , the vehicle can rack up speeds quicker than some modelling of Ferrari and Lamborghini – but it runs on electricity , no gas required .

know as the U9 model , the car is being turn under BYD ’s high - terminal sub - brand name called YANGWANG . All being well , deliveries are expecting start in summer 2024 with a price tatter of 1.68 million yuan ( around $ 233,400 ) .

The YANGWANG U9 packs 1,300 horsepower and a maximum torque of 1,680 Newton – meter . Like many supercars of this ilk , the vehicle sport a cabin made from carbon paper fiber , a strong but super - wakeful material

BYD’s YANGWANG U9 red sportscar in front of a traditional Chinese building.

Another shot of BYD’s YANGWANG U9Image credit: BYD

With this immense powerfulness , overheating can be an issue for an electric motor . To overcome this , BYDsaysthe U9 has “ fine - tuned its thermic management system to better dissent mellow temperatures ” . This admit up to 12 flowing features that are designed to heighten heating plant dissipation , as well as boil down drag .

China ’s galvanising car market isbooming . The country accounted for 35 percent of global galvanic fomite exports in 2022 and their fate continue to rise throughout 2023 .

institute in 1995 as a rechargeable battery manufacturing business , BYD has rise to become one of the major players in this scene . In Q4 2023 , they managed to sell more electric vehicles thanTesla , which was previously considered to be the enceinte galvanic vehicle maker in the world .

While much of their sale are in China , BYD and other Formosan manufacturer are looking to enlarge globally , despiteforeign swop restrictions . The US is intend aboutraising tariffson some Formosan trade good , admit EVs , while the European Union ( EU ) recentlylaunched a probeinto Chinese - made electric vehicle to see whether they benefit from “ illegal subsidization ” . It could be that auto manufacturer in " the West " are starting to feel the pressure .

Taiwanese carmakers are denying the allegation from the EU and lay claim their succeeder is down to their unequaled technology and style of management , not illegal government handouts .

“ Our winner is not because of the subsidy , it ’s because we have unique applied science … and our direction efficiency is mellow , ” Michael Shu , European president of BYD , toldthe fiscal Timesthis week .

“ It ’s because we invested in this technology much earlier , and much more , than competitors . It ’s not because of the subsidy , ” Shu bestow .