Deliveries will start later in July. Mercedes controls 10% share in Denza.
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Category: Denza
Denza, which currently has only the Denza D9 MPV on sale, delivered 10,526 units in April, the second consecutive month with more than 10,000 units. | BYDDY.US | BYD HK
Denza, the premium new energy vehicle (NEV) brand of BYD (OTCMKTS: BYDDY), has announced the launch schedule for the upcoming Denza N7, after pre-sales of the new SUV began last month.
The Denza N7 will be officially launched in late June, with deliveries starting in July, Zhao Changjiang, general manager of Denza's sales division, said yesterday at the company's first brand day after it was effectively controlled by BYD.
Denza is a joint venture established by BYD and Daimler in February 2011, with each holding a 50 percent stake at the time. In February 2022, the Daimler brand was rebranded as Mercedes-Benz.
BYD's stake in Denza increased to 90 percent last year, and Mercedes-Benz's stake decreased to 10 percent.
In August 2022, Denza let the D9 MPV go on sale, the brand's first model after the reorganization. The Denza D9 began deliveries at the end of October last year and 10,526 units were delivered in April this year, the second consecutive month with more than 10,000 units.
The Denza N7, the second model after the Denza equity change, is a 5-seat midsize SUV with a length, width and height of 4,860 mm, 1,935 mm and 1,602 mm respectively, and a wheelbase of 2,940 mm.
The model will have two front design options, differing in the daytime running lights below the headlights, one with a bar and the other with a grille, Zhao said at yesterday's event.
The N7 will be delivered with smart driving hardware and the advanced assisted driving software will be available starting in December, Zhao said.
The Denza N7 has its own operating system and is compatible with different systems, Huawei's HarmonyOS being one of them.
Denza D9 consumers are in their 30s and 40s, and 30 percent of them ordered the Denza N7, Zhao said.
Data from more than 10,000 orders show that Denza N7 consumers are over 23 years old, younger than those for the D9, he said.
Denza opened reservations for the N7 on the first day of the Shanghai auto show on April 18, but its pricing information was not released.
Zhao said on Weibo last December 20 that the SUV aims to capture the market for traditional internal combustion engine cars priced around 400,000 yuan ($56,300).
On April 25, Denza said the N7 received 10,569 pre-orders, just seven days after pre-sales bean.
In addition to the N7, Denza has also unveiled the exterior and interior design of another SUV, the Denza N8.
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Denza could see monthly sales of over 20,000 units this year, exec says
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The Denza N8's interior was unveiled in China. It is the luxurious sibling of the BYD Tang SUV. Let's get to know it better.
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Denza posted images on Weibo today showing the N8 with a large glass roof, a large center screen and rear tabletops.
(Image credit: Denza)
BYD's premium new energy vehicle (NEV) brand Denza has unveiled the interior design of the Denza N8, as it ramps up its preview of the new SUV.
Images posted by Denza on Weibo today show the N8 with a large glass roof, a large center screen and rear tabletops.
In China's increasingly competitive electric vehicle (EV) market, automakers are racing to offer features that will provide consumers with more convenience in their driving experience.
Denza was formed in February 2011 as a joint venture between BYD and Daimler, each holding a 50 percent stake, and Daimler was rebranded as Mercedes-Benz in February 2022.
BYD's stake in Denza increased to 90 percent last year, and Mercedes-Benz's stake decreased to 10 percent.
Denza is currently offering only the D9, an MPV that went on sale in August 2022 and began deliveries in October last year.
The N8 will be the third model in the rebranded Denza, with the second model, the N7, to be released in the first half of this year. The release date for the N8 has not yet been announced.
On March 29, Denza unveiled the exterior of the N8, which will carry over much of the design of the discontinued Denza X.
On April 11, the Denza N8 appeared in a catalog of models that will soon be allowed to be sold in China, published by the Chinese industry regulator.
The Denza N8 entered the catalog in four versions, including a single-motor all-electric version, a two-motor all-electric version, a DM-i plug-in hybrid version, and a DM-p plug-in hybrid version.
The single-motor version is equipped with a 230-kW peak power motor, and the dual-motor version has 230-kW and 200-kW peak power front and rear motors, respectively.
The model's length, width and height are 4,949 mm, 1,950 mm and 1,725 mm, respectively, with a wheelbase of 2,830 mm, according to the filing.
Denza delivered 10,526 vehicles in April, up 1.23 percent from 10,398 in March.
Denza has a chance to see monthly sales of more than 20,000 units this year, said Zhao Changjiang, general manager of the company's sales division, on Weibo on May 7.
Denza's new SUV model N7, which is on pre-sale, is expected to receive more than 6,000 new orders this month and is expected to reach 30,000 orders before its official launch, Zhao said.
Denza could see monthly sales of over 20,000 units this year, exec says
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Between April 28 and May 4, NIO owners drove a total of about 140 million km and 4.48 million hours.
(Image credit: CnEVPost)
Only a few electric vehicle (EV) makers, including NIO (NYSE: NIO), have previously published reports on their owners' travel data during the holiday season. Now, more and more players are doing so.
This year's Labor Day holiday in China ran from April 29 to May 3. As the holiday ended, several EV makers, including NIO, Tesla (NASDAQ: TSLA), Li Auto (NASDAQ: LI), Zeekr, and Denza, released their data.
NIO
Between April 28 and May 4, NIO owners accumulated about 140 million kilometers and drove about 4.48 million hours, according to an article posted Saturday on the company's mobile app.
By traveling in purely electric vehicles, NIO users' trips during the holiday equated to a reduction of 9,211 tons of carbon emissions, according to the company.
The largest number of users traveling in NIO vehicles came from Shanghai, followed by Hangzhou and Beijing. Among their travel destinations, Shanghai's neighboring city of Suzhou, Jiangsu, ranked first, followed by Jiaxing, Zhejiang, and Shaoxing, Zhejiang.
NIO users traveled a total of 18.1 million kilometers with assisted driving feature and used it for 226,143 hours, according to the article.
The total mileage of NIO's Navigate on Pilot (NOP) system was 6.3 million kilometers, and the more powerful NOP+ was 4.34 million kilometers.
NIO's battery swap stations provided 432,191 services during this period, with a maximum of 68,748 services in a single day.
The battery swap stations along the highways provided 138,552 free services, saving vehicle owners 104,087 hours of highway travel time, according to NIO.
These stations along highways saw a peak of 23,632 services on May 2.
NIO's 15,137 charging piles accumulated 315,455 services during that holiday, with 79.5 percent of those deliveries going to other brands of electric vehicles.
By the end of April, NIO had accumulated 327,255 deliveries.
Tesla
Between April 29 and May 3, Tesla owners drove 170 million kilometers by using the EV maker's charging network in China, it said on Weibo yesterday.
That mileage represents a carbon reduction of 10,860 tons, Tesla said.
Tesla's Supercharger stations in China are available to owners 24 hours a day and maintain an availability rate of more than 99 percent throughout the year, it said.
To date, Tesla has more than 5,000 Supercharger stations worldwide. The company has more than 1,600 Supercharger stations in the Chinese mainland, offering more than 10,000 Superchargers.
Tesla also has more than 700 destination charging stations in the Chinese mainland, offering more than 2,000 charging piles, it said.
Li Auto
Between April 29 and May 3, Li Auto owners racked up 144 million kilometers, the company said in a WeChat post on Saturday.
Of the total, 72.29 million kilometers were powered by gasoline, up 147 percent from regular days and 372 percent from the holiday last year.
Battery-powered mileage was 71.78 million kilometers, an increase of 11.9 percent over regular days.
Li Auto owners visited 368 cities during the holiday, with the most popular cities being Chengdu, Hangzhou and Shanghai.
Li Auto's AD assisted driving system drove a total of 16.47 million kilometers, or 11 percent of the milage driven.
More than 36 percent of owners of the company's discontinued Li ONE used assisted driving, and 53 percent of owners of the currently available L series used assisted driving, according to the company.
More than 69,000 owners used the more powerful navigation-assisted driving feature and drove more than 7.8 million kilometers, an increase of 186 percent compared to the usual rate.
Li Auto owners used the company's charging map to find charging piles and charge more than 680,000 kWh using fast charging.
Li Auto's supercharging stations began trial operations on April 20, with seven stations charging more than 1,000 NEVs, covering several major brands including BYD and Tesla, the company said.
By the end of April, Li Auto's cumulative deliveries stood at 335,599 units.
Zeekr
Between April 28 and May 4, Zeekr owners accumulated 54.1 million kilometers, with the longest traveled vehicle covering 5,481 kilometers, according to an article published by the company yesterday.
Eighty-seven percent of Zeekr owners drove less than 1,000 kilometers in that period, 11.2 percent drove between 1,000 and 2,000 kilometers, and 1.53 percent drove between 2,000 and 3,000 kilometers.
Zeekr owners used nearly 3.7 million kWh of energy from the company's charging piles on its charging map, and to date, Zeekr has built nearly 690 of its own charging stations, covering more than 120 cities in China.
As of the end of April, Zeekr's cumulative deliveries stood at 101,283 units.
Denza
Between April 29 and May 3, Denza D9 owners drove a total of 11.12 million kilometers and logged 292,974 hours, it said in an article published Saturday.
Of that total, 4.92 million kilometers were driven on fuel and 6.2 million kilometers on electric power.
Denza D9 owners have used assisted driving system a total of 32,493 times during the period, according to the article.
Denza currently has only one model, the D9 MPV, on sale, and it already started pre-sales of the new SUV N7 at the Shanghai auto show last month.
As of the end of April, Denza's cumulative deliveries since the rebranding stood at 44,491 units.
NIO sees over 430,000 battery swap services during Labor Day holiday in China
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Denza's new SUV model N7, which is being pre-sold, is expected to receive more than 6,000 new orders this month and is on track to reach 30,000 orders before its official launch, the brand's chief said.
Denza, a joint venture between BYD (OTCMKTS: BYDDY) and Mercedes-Benz, has become one of the most talked-about EV brands in China, after BYD took a majority stake last year.
Denza has a chance to see monthly sales of more than 20,000 units this year, Zhao Changjiang, general manager of the company's sales division, said on Weibo late last night.
Denza's first model after the rebranding, the Denza D9 MPV, could see additional orders of 13,000 to 15,000 units this month, according to Zhao.
Denza's new SUV, the N7, which is on pre-sale, is expected to receive more than 6,000 new orders this month and is expected to reach 30,000 orders before its official launch, Zhao said
About 20 percent of the customers who pre-ordered the Denza N7 are D9 owners, he said.
The Denza N7 is a car that is two generations ahead of the industry and will start to show its true capabilities, Zhao said, adding that Denza will hold road shows about the model in Beijing starting May 12.
Denza will also be announcing the interior of the N8 in the near future, and people who like to go off-road as well as those who want to balance family can keep an eye on it, he said.
Denza was established in February 2011 as a joint venture between BYD and Daimler, each of whom held a 50 percent stake at the time. Last year, BYD's stake in Denza was increased to 90 percent.
Denza's only model currently on sale, the D9, went on sale on August 23, 2022, with deliveries starting on October 26.
The N7 is the second model after its rebranding, for which Denza already started warming up two months ago.
The Denza N7 has inspired a high level of enthusiasm, and with the announcement of Denza's partnership with French high-end audio brand Devialet on March 22, the number of daily customer inquiries has been particularly high, Zhao said on Weibo on March 26.
There are many customers who want to get the Denza N7 launched as soon as possible, and according to the inquiry volume data, the model is expected to get 30,000 orders before its launch in the middle of the year, Zhao said at the time.
Earlier in February, Zhao said the Denza N7 would be launched in the first half of this year.
Denza opened reservations for the N7 on the first day of the Shanghai auto show on April 18, but notably, its pricing information was not released.
On April 25, Denza announced that the Denza N7 has received 10,569 pre-orders, just 7 days after pre-orders open.
Denza sold 10,526 vehicles in April, the second consecutive month in which it exceeded 10,000 units, according to figures it announced earlier this month.
Regulatory filing: Here are core specs for BYD's Denza brand's new SUV, Denza N7
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Denza is 90% BYD and 10% Mercedes-Benz
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Denza is 90% BYD and 10% Mercedes-Benz
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Denza has yet to announce the price of the N7, though it is expected to target the RMB 400,000 market.
(Image credit: Denza)
The N7 SUV, a new model of BYD's premium new energy vehicle (NEV) brand Denza, seems to have gained good initial acceptance.
The Denza N7 has already received 10,569 pre-orders, just seven days after pre-orders open, it said today on Weibo.
Denza opened reservations for the N7 on the first day of the Shanghai auto show on April 18, but notably, its pricing information was not released.
Several hours after pre-sales began, Denza announced that the N7 had received 5,367 pre-orders in its first six hours.
Although the price of the N7 was not announced, Zhao Changjiang, general manager of Denza's sales division, said on Weibo on December 20 that the SUV aims to capture the market for traditional internal combustion engine cars priced around RMB 400,000 ($57,900).
The Denza N7 measures 4,860 mm in length, 1,935 mm in width and 1,602 mm in height, and has a wheelbase of 2,940 mm, according to the model's previous regulatory filing.
(A Denza N7 on display at the 2023 Shanghai auto show. Image credit: CnEVPost)
The model will be available in a single-motor version as well as a dual-motor version, with the former having a peak motor power of 230 kW and the latter having an additional motor with a peak power of 160 kW.
On March 26, Zhao said on Weibo that with the announcement of Denza's partnership with French high-end audio brand Devialet on March 22, there were many customers who wanted to get the Denza N7 launched and available as soon as possible.
Based on inquiry volume data, the model is expected to receive 30,000 orders before its mid-year launch, Zhao said at the time.
Zhao said in February that the Denza N7 would be launched in the first half of this year.
Denza is a joint venture set up by BYD and Daimler in February 2011, when they each held a 50 percent stake in the company. Last year, BYD's stake in Denza was increased to 90 percent.
Denza's only model currently on sale, the D9 MPV, was launched on August 23, 2022, with deliveries starting October 26.
The brand sold 10,398 vehicles in March, up 41.95 percent from 7,325 in February, according to figures it announced earlier this month.
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Denza N7 expected to get over 30,000 orders before mid-year launch, exec says
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Li Auto is up 50%, Xpeng is up 43%, Nio is down 46%.
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