Core Viewpoint - BYD's high-end luxury brand, Yangwang, has achieved a significant milestone by surpassing 10,000 cumulative sales, setting a new record for sales of million-level vehicles in China. The founder of New Oriental, Yu Minhong, became the owner of the 10,000th vehicle [2]. Group 1 - Yangwang launched a campaign called YangwangOwner10000WithMe to invite 10,000 car owners to share their memorable moments with the brand [2]. - Yangwang was officially announced by BYD on November 8, 2022, aiming to provide users with extreme performance experiences through disruptive technology and products [2]. - The first product targeting the luxury car market, the Yangwang U8, was launched in September 2023, with a starting price of 1.098 million yuan [2]. Group 2 - The second model, the pure electric performance supercar Yangwang U9, was released in February 2024, starting at 1.68 million yuan [2]. - The third model, the luxury sedan Yangwang U7, is set to launch in March 2025, with a starting price of 628,000 yuan [2]. - An extended version of the Yangwang U8 is expected to be unveiled at the upcoming 2025 Shanghai Auto Show [2].
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