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BYD’s new luxury electric sedan hits showrooms to challenge Tesla and Porsche

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Can BYD challenge Porsche, Mercedes, and Tesla? With its new “million yuan” ($140,000) Yangwang U7 launching later this year, BYD hopes to do just that. Ahead of its official launch later this year, BYD’s new luxury electric sedan is hitting dealerships in China. After launching Yangwang last year, BYD’s luxury…

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