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BYD’s luxury brand unveils its first sedan, the sleek U7, with over 1,000 horsepower

Baua Electric

According to a report from Chinese research firm CarFans , the electric SUV scored over 8,000 orders in its first three days on the market. It also featured large air intakes and carbon fiber side skirts. Yangwang didn’t release any further info, but said prices will be around $140,000 (1 million RMB).

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BYD launches $233K Yangwang U9 electric supercar that will smoke a Ferrari and can dance

Baua Electric

Info from China’s MIIT revealed the U7 features over 1,300 hp (960 kW) from four electric motors. Ford’s CEO Jim Farley said the American automaker is working on affordable EVs to compete with Chinese automakers like BYD. Farley said if you cannot compete with the Chinese, “then 20% to 30% of your revenue is at risk.”

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