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BYD Electric Vehicle Enthusiasts
BYD Electric Vehicle Enthusiasts
denza
Shenzhen Denza New Energy Co., Ltd., trading as Denza (Chinese: 腾势; pinyin: Téngshì), is an automobile manufacturing company and brand owned by BYD Auto. The brand produces premium plug-in electric vehicles.
The company was founded in May 2010 as a joint venture between BYD Auto Industry and Daimler AG (currently Mercedes-Benz Group). In late 2014, its first model, the Denza EV was put on sale in selected Chinese cities only. In late 2021, Denza underwent a restructuring as Mercedes-Benz reduced its share to 10%, while BYD held the rest. BYD started investing in new models, such as the D9 MPV, the N7 and N9 SUVs and the Z9 full-size car. In September 2024, Mercedes-Benz withdrew entirely from the joint venture by transferring its remaining 10% stake to BYD.
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The company was founded in May 2010 as a joint venture between BYD Auto Industry and Daimler AG (currently Mercedes-Benz Group). In late 2014, its first model, the Denza EV was put on sale in selected Chinese cities only. In late 2021, Denza underwent a restructuring as Mercedes-Benz reduced its share to 10%, while BYD held the rest. BYD started investing in new models, such as the D9 MPV, the N7 and N9 SUVs and the Z9 full-size car. In September 2024, Mercedes-Benz withdrew entirely from the joint venture by transferring its remaining 10% stake to BYD.
View More On Wikipedia.org