The world’s leading EV maker, BYD, is taking aim at exotic car manufacturers like Ferrari and Lamborghini with the new Yangwang U9. BYD officially launched the Yangwang U9 electric supercar with a 0 to 62 mph (0-100 km/h) sprint in 2.36 seconds and a $233,400 (1,680,000 yuan) price tag.
BYD takes on new markets rivaling ICE car leaders
After launching its cheapest electric models (starting under $14,000), declaring a price war with gas-powered cars, BYD is taking aim at a new market.
BYD launched the Yangwang ultra-luxury brand last January, showcasing the off-road U8 and U9 electric supercar. In December, the brand began deliveries of its first vehicle, the U8 off-road SUV, with starting prices over $150,000 (1,089,000 yuan).
The luxury SUV has generated hype as a Mercedes G-Class and Land Rover Defender rival with 1,200 hp and premium features like tank turns and tire blowout stabilization.
BYD has even shown off the U8’s “float mode,” which helps the vehicle navigate through water during emergencies. In fact, the SUV made its debut in Europe at the 2024 Geneva Motor Show this week.
Last month, Yangwang introduced its first electric sedan, the U7. Info from China’s MIIT revealed the U7 features over 1,300 hp (960 kW) from four electric motors.
Powered by a huge 135.5 kWh LFP battery pack from BYD’s FinDreams, the electric sedan has up to 497 miles (800 km) CLTC range. Starting prices are around $140,000 (1,000,000 yuan).
Meet the BYD Yangwang U9 electric supercar
After showing off the electric supercar’s dance moves last year, BYF officially launched the Yangwang U9 electric supercar this week.
BYD launched the electric supercar with a listing price of $233,400 (1,680,000 yuan). Buyers in China can now order and schedule production.
The company says the U9 “opens the era of pure electric supercars.” BYD claims the new EV is “The most powerful supercar in the pure electric era, surpassing the power performance of the V12 engine.
Powered by four electric motors, the U9 packs 1,287 hp (960 kW) and 1,200 lb-ft (1,680 Nm) torque for a 0 to 62 mph (0-100 km/hr) sprint in 2.36 seconds.
That’s faster than a Ferrari SF90 and Buggati Chiron, with an official time of 2.5 seconds. It’s also quicker than the Porsche 911 Turbo S (2.6 seconds).
With BYD’s Disus X full active body control system, the two-door coupe can jump, shake, and dance. It even comes with four different “dance mode” songs so you can dance to the beat.
At 4,966 mm long, 2,029 mm wide, and 1,295 mm tall, the Yangwang U9 is roughly the size of the Lamborghini Aventador (4,943 mm L, 2,098 mm W, 1,136 mm H).
With an 800V system, the electric supercar can charge from 30% to 80% in 10 minutes. It also supports dual charging. Like the U8 SUV, the U9 includes premium features like tank turns.
BYD’s U9 electric supercar features 12 sets of multifunctional active and passive aerodynamics kits, including a 4-speed adjustable electric rear wing, active diffuser, and large carbon fiber rear wing.
BYD claims the U9 features “the smartest supercar cockpit” with DiLink and DiPilot. The EV also includes the “industry’s first self-developed racing assistant.” Covering nearly 30 tracks across China, racing assistant mode learns the track alignment of top drivers with timing accuracy within 0.01 seconds.
Inside, the Yangwang electric supercar includes two LCD screens, a 10.25″ driver display, and a 12.3″ vertical center infotainment. Some configurations include a third, 10.25″ passenger screen.
Electrek’s Take
BYD has already declared a price war with gas-powered vehicles. With the launch of the new Dolphin Honor Edition, starting under $14,000, and Qin Plus EV for $15,000, BYD is “officially opening a new era of electricity is lower than oil.”
The entry-level EVs will take on mass-market automakers like Toyota. Now, BYD is taking on a new market, and it’s exotic car makers like Ferrari and Lamborghini that should be worried.
Ferrari’s SF90 Stradale is more than double the price of BYD’s new Yangwang U9 electric supercar at $524,000. The Buggati Chiron starts at $3.3 million.
After dominating its home market, BYD is quickly expanding overseas. It’s already leading EV imports in key markets like Japan and Thailand. The automaker is even considering a plant in Mexico to serve as an export hub to the US.
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.”
It’s not only mass market brands that should worry about falling behind with electrification, premium brands could start to feel the heat now too.
Tesla has released a new navigation feature to make it easier for people towing trailers to find charging stations that can accommodate them.
Towing trailers with electric vehicles is not yet super popular, but it is rapidly gaining in popularity, with more electric SUVs and pickup trucks having increasingly impressive towing capacity.
Tesla has had the Model Y and Model X with a limited but still useful towing capacity for a few years, but with now the Cybertruck and the opening of its Supercharger network to other EVs, including many pickup trucks, the automaker is starting to see more people arriving at its popular charging stations with trailers.
This can be problematic as if you don’t want to block several chargers, you are going to have to unhook your trailer to go charge your vehicle. That’s less than ideal and something gas-powered vehicles rarely have to do at gas stations.
Tesla’s solution has been to build a few “pull in” charging spots at some Supercharger stations that enable you to park with your trailer while charging (via Tesla Motors club):
Tesla is currently building more of these stations, but they are still far and few in between and hard to find.
The automaker is now making it easier to find with a new software update. Now, you can click on a Supercharger station, and it will tell you if it has trailer stalls.
Furthermore, if you are driving on “trailer mode” and searching for charging stations, those with “trailer friendly” stalls will appear at the top:
However, as usual, when traveling long distances in an electric vehicle, you are better off just doing a bit of planning about where to charge ahead of time, especially if you are going to be towing over long distances.
Now that Tesla can distinguish between trailer-friendly and non-trailer-friendly stations, the automaker can hopefully include it in its API for other automakers to integrate into their own navigation systems as many of them can start using the Supercharger network.
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Corporate America is investing in clean energy at record levels, with tech giants taking the top spots for users of solar.
Meta, Google, and Amazon are leading the charge in solar and battery storage adoption, according to the Solar Energy Industries Association’s (SEIA’s) latest “Solar Means Business” report.
Meta continues to hold the title of the top solar user in corporate America, with nearly 5.2 gigawatts (GW) of solar capacity installed. Meanwhile, Google leads the way in energy storage, boasting 936 megawatt-hours (MWh) of installed battery capacity. Through the first quarter of 2024, these companies have added the most solar capacity to their electricity portfolios, with major players like General Motors, Toyota, and US Steel also climbing the ranks.
The report reveals that US businesses have installed nearly 40 GW of solar capacity both onsite and offsite through Q1 2024, and corporate storage use now exceeds 1.8 gigawatt-hours (GWh). Even more growth is coming: Companies have over 3 GWh of battery storage under contract that will come online in the next five years.
“Some of the largest industrial and data operations in the world continue turning to solar and storage as a reliable, low-cost way to power their operations,” said SEIA president and CEO Abigail Ross Hopper.
Technology companies are at the forefront of this shift as data center growth drives skyrocketing electricity demand. Amazon, for example, leads the US with 13.6 GW of solar procurements under contract, while Meta and Google each have nearly 6 GW under contract – pipelines over 10 times larger than the next company in the rankings.
Target remains the US’s leading onsite corporate solar user for the ninth year in a row, with Prologis, Walmart, Amazon, and Blackstone also making the top five. For the first time, the “Solar Means Business” report is also tracking corporate battery energy storage, with Google, Apple, Meta, Target, Walmart, Home Depot, and Kohl’s among the top 10 companies using storage to meet more of their energy needs in real-time.
Looking ahead, both offsite and onsite energy storage are expected to play a bigger role in corporate renewable energy strategies. Medical companies like Kaiser Permanente are already using batteries to power microgrids, making their facilities more resilient to outages.
Carolyn Campbell, Meta’s head of clean and renewable energy, East, highlighted the importance of expanding solar capacity to match the company’s global operations with 100% clean energy: “We’re thrilled to rank number one for corporate solar procurement in SEIA’s report this year, and we continue to find ways to grow the grid to benefit everyone.”
Target’s vice president of property management, Erin Tyler, said of Target’s 20-year-old solar program, “Through our commitment to solar, we’re well on our way to achieving our corporate goal of sourcing 100% of electricity from renewable sources by 2030.”
The “Solar Means Business” report also looks at the policies driving corporate America’s adoption of solar. Many companies are taking advantage of the Inflation Reduction Act’s long-term clean energy incentives. To further accelerate their renewable energy investments, businesses are calling for improvements in interconnection processes, new community solar legislation, and simpler tax credit monetization.
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Volkswagen Group Africa has officially begun production of a modern electric farm tractor at its multifunctional facility in Gashora, Rwanda in a bid to advance modern, low-emission agricultural initiatives in Africa.
Part of a larger Rwandan initiative called the GenFarm Project, the new VW tractor is part of a “holistic ecosystem” of electrified farming machinery set to be used throughout rural Africa – where liquid fossil fuels are often just as difficult to come by as electricity. The goal is to provide machinery that’s both sustainable and reliable.
“We are growing our footprint in Africa and regard Rwanda as a key growth market. This project demonstrates our commitment to sustainable practices and highlights our ability to provide mobility solutions to the rural community in addition to the urban community currently serviced by our Volkswagen Mobility Solutions Rwanda business,” explains Martina Biene, Volkswagen Group Africa Chairperson and Managing Director. “The GenFarm Project fosters technological innovation and aligns with Volkswagen Group’s strategy to generate meaningful value for both society and the environment through sustainable mobility.”
The GenFarm project will eventually provide mobility services for transportation of goods and people. In June 2023, Volkswagen Group Africa signed a Memorandum of Understanding (MoU) with the Government of Rwanda to provide land for the establishment of the GenFarm Project.
The Volkswagen tractors’ electric motor produces 20 kW (about 27 hp), making it about the same size as the Solectrac product (which hasn’t worked out well in the US, it must be said). That motor gets its electrons from a 32 kWh swappable battery. Batteries are swapped/charged at the Empowerment Hub to minimize downtime. DC fast charging isn’t available, but the relatively small, swappable batteries (hopefully) mean that’s not much of a problem.
The GenFarm project hopes the new VW electric tractor will help clean up Rwanda’s agricultural sector, which currently accounts for some 25% of the national Gross Domestic Product.
Electrek’s Take
We’ve talked a lot about the lack of new farmers in America, but the problem is global – especially as western companies, and western ideas about consumerism, continue to spread. Products like this electric tractor from VW will make farming cleaner, quieter, and (hopefully) more attractive to young workers.