Images of what could be BYD’s first model under its so-called “Yangwang” premium marque have leaked online ahead of the car’s expected launch early next year. The pictures, circulated on Chinese media sites, show an off-road car with styling similar to the iconic Mercedes-Benz G-Class and equipped with a full-size spare tire attached at the back of the vehicle. BYD chairman Wang Chuanfu confirmed on Nov. 17 plans to launch the first model under Yangwang in the first quarter of 2023, which is rumored to have a price tag of at least RMB 1 million ($150,000). [IT Home, in Chinese]