BYD and Mercedes-Benz tease new co-branded luxury electric vehicle coming this year
Baua Electric
APRIL 5, 2024
Ahead of its official debut, the new Denza EV was spotted testing, grabbing the attention of onlookers. Mercedes has since reduced its stake to just 10%, leaving BYD with the other 90%. In comparison, the Tesla Model Y starts at $36,482 (263,900 yuan) in China. The newly developed EV is equipped with BYD’s new energy tech.
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