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Published On: Thu, Jan 7th, 2021

New Chinese electric car backed by Warren Buffett outsells rivals months after launch

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New Chinese electric car backed by Warren Buffett outsells rivals months after launch

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The new Han model from VChiernse firm BYD has sold more models alone than electric cars than top providers such as Nio. BYD disclosed they sold 130,970 units last year with Nio reporting delivery figures of just over 43,000 cars.

The car is said to be capable of up to 376 miles on a single charge possibly making it a rival to the Tesla Model 3.

Performance is key to the Han which can achieve 0-62mph in an impressive 3.9 seconds.

BYD says the model has been constructed with “supreme luxury” in mind, including Bosch’s new Intelligent Brake System.

The latest version of BYD’s DiPilot intelligent driving assist system is also included on the new Han.

BYD is expecting to sell the car between £40,000 and £49,000 putting at the premium end of the market.

Electric car sales have also dramatically increased in the UK with SMMT data revealing a massive 185.9 percent rose in 2020.

Over 108,000 new battery-electric vehicles were registered last year compared to just 37,850 in 2019.

Boris Johnson has committed to investing £2.8billion in electric vehicles as part of his new “green industrial revolution”.

As part of this deal, the Prime Minister has promised to build UK gigafactories which can create “long-lasting batteries”.

The new scheme is being considered ahead of a 2030 sales ban on petrol and diesel vehicles.

Published at Wed, 06 Jan 2021 12:28:00 +0000

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New Chinese electric car backed by Warren Buffett outsells rivals months after launch