Company type |
|
---|---|
Industry | Automotive |
Predecessor | Shenzhen BYD Daimler New Technology Co., Ltd. (2010–2021) |
Founded | May 2010 |
Headquarters | , China |
Area served | |
Key people | Lian Yubo (CEO) |
Products | Automobiles |
Owner | BYD Auto Industry |
Chinese name | |
Simplified Chinese | 深圳腾势新能源汽车有限公司 |
Hanyu Pinyin | Shēnzhèn Téngshì Xīn Néngyuán Qìchē Yǒuxiàn Gōngsī |
Website | denza.com tengshiauto.com (China) |
Footnotes / references [1] |
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.[2] 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 N8 and N7 SUVs and the Z9 full-size car.[3] In September 2024, Mercedes-Benz withdrew entirely from the joint venture by transferring its remaining 10% stake to BYD.[4][5]
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