BYD’s entry into the luxury EV market is heating up. The new , BYD’s new electric supercar, hit a top speed of over 375 km/h (233 mph), topping its own performance benchmark. Check out the video of it below.

BYD launched Yangwang, its high-end luxury brand, last January. The brand’s first vehicle, the U8 off-roader, is a rugged SUV rival to the Mercedes G-Class and Range Rover/ Defender models. Yangwang last September, with deliveries in China following in December.

The U8 starts at around $150,000 (1,098,000 RMB) and will make its way overseas to key markets like Europe. In February, BYD’s luxury brand launched its first electric supercar, the Yangwang U9. With four electric motors, the U9 packs nearly 1,300 hp (960 kW) and 1,200 lb-ft (1,680 Nm) of torque for a 0 to 60 mph sprint in 2.

36 seconds. To put this into perspective, the Ferrari SF90 and Buggati Chiron hit 0 to 60 mph in around 2.5 seconds.

The new takes 2.9 seconds. With starting prices at around $233,400 (1,680,000 yuan), the U9 is also less than half the cost of the Ferrari and Buggati models.

The Yangwang U9 can also dance and shake with BYD’s Disus X full active body control system. At 4,966 mm long, 2,029 mm wide, and 1,295 mm tall, you can picture BYD’s electric supercar as about the same size as a Lamborghini Aventador (4,943 mm L, 2,098 mm W, 1,136 mm H). After showcasing the U9’s speed performance on the track, BYD’s electric supercar topped its own performance benchmark.

The U9 hit a top .