仰望Yangwang
Who owns Yangwang? The ownership chain, BYD's stake and the 2023 deal
Facts checked Chinese holding 100%
Yangwang is Chinese. It is BYD's top brand, launched in 2023 for cars priced above one million yuan, and it exists to show off BYD's own engineering rather than to sell in volume.
Yangwang is BYD's own brand, launched in January 2023 and marketed through Shenzhen Yangwang Auto Sales Co., Ltd. There is no outside shareholder.
The chain, step by step
Lü Xiangyang holds a stake in BYD since February 1995.
Wang Chuanfu's cousin, BYD's co-founder and early financial backer; he has held BYD shares through Guangzhou Rongjie Investment. The current percentage was not verified.
| Holder | Holds | Kind | Stake | Since |
|---|---|---|---|---|
| Lü Xiangyang | BYD | holds a stake in | not published | February 1995 |
| BYD | Yangwang | owns | 100% | January 2023 |
Yangwang: questions people ask
- Who owns Yangwang?
- BYD, outright. Yangwang is BYD's own top-end brand, launched in January 2023, not a joint venture or an acquisition.
- What does Yangwang mean?
- 仰望 (Yǎngwàng) is an ordinary Chinese word meaning 'to look up at', with a sense of admiration.
- How much does a Yangwang cost?
- The brand is positioned above CN¥1 million, roughly US$140,000, which is far above anything else BYD sells.
- Is Yangwang sold outside China?
- Not under its own name. Sales are domestic; where BYD takes these cars abroad it generally uses the Denza badge.
Related
Sources for Yangwang
- Wikipedia, Yangwang. Read . Launch dates, price band, e4 and DiSus technology, model range and China-only sales
- Wikipedia, Denza. Read . States that Yangwang and Fangchengbao export models are sold under the Denza brand
- Wikipedia, List of automobile manufacturers of China. Read . Yangwang listed as a BYD Auto brand.
- Wikipedia, BYD Company. Read .