The New Fastest Car in the World Is an EVThe New Fastest Car in the World Is an EVThis post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. The Yangwang brand belongs to China-based BYD, the largest EV manufacturer in the world. 24/7 Wall St. Key Points: The Yangwang U9 Xtreme hypercar has set a new global production-car speed record. That may help EV maker BYD become better known outside China. It is the world’s largest EV maker because China is the world’s largest EV market by far.