Pictures of BYD’s new premium EV marque (codenamed F), which is expected to be launched later this year, have been provided to TechNode by a source close to the company. The car, which looks like a plug-in hybrid off-road vehicle, appears to rival Mercedes-Benz’s G-Class vehicles. Powered by a 500-kilowatt hybrid engine, the new vehicle can travel for about 1,200 kilometers (746 miles) on a full fuel tank and a full charge, the person said. The large off-roader will target China’s affluent middle-class with a price range of RMB 400,000 to RMB 600,000 ($57,467 to $86,200), while the first model of another of BYD’s luxury sub-brands called Yangwang will sell for roughly RMB 1 million. [TechNode reporting]