Company type | Joint venture |
---|---|
Industry | Automotive |
Predecessor | Shenzhen BYD Daimler New Technology Co., Ltd. (2010–2021) |
Founded | May 2010 |
Headquarters | , China |
Area served | China |
Key people | Lian Yubo (CEO) |
Products | Automobiles |
Owner |
|
Website | tengshiauto |
Footnotes / references [1] |
Shenzhen BYD New Energy Co., Ltd., trading as Denza, is an automobile manufacturing company headquartered in Shenzhen, China, specialising in luxury electric cars and a joint venture between BYD Auto Industry and the Mercedes-Benz Group (previously Daimler AG). Founded in May 2010, in late 2014 the company introduced its first model, the Denza EV. The car was initially 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.[3]
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