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BYD unveils new luxury sports car as carmakers vie for attention at China's largest auto show | CNN Business

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Chinese electric vehicle giant BYD has already beaten out long-standing frontrunner Tesla in sales of electrified vehicles. And now it's coming for luxury sports cars.
At the Shanghai Auto Show, Chinese electric vehicle manufacturer BYD unveiled new models under its Denza and Yangwang brands, showcasing its commitment to expanding its premium EV lineup. The Denza Z9GT, a sleek sedan, and the Yangwang U8, a luxury SUV, were highlighted as part of BYD's strategy to compete in the high-end market. The company's founder, Wang Chuanfu, emphasized the importance of innovation and quality in capturing the growing demand for luxury electric vehicles in China and globally. Additionally, BYD announced plans to increase its production capacity and invest in advanced battery technology to maintain its competitive edge in the rapidly evolving EV market.

Read the Full CNN Article at:
[ https://www.cnn.com/2025/04/23/business/china-byd-denza-z-auto-shanghai-intl-hnk/index.html ]