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BYD’s premium Denza brand updates, cuts prices of N7 SUV to entice would-be Tesla Model Y buyers

A mere eight months after initially launching its N7 SUV in China, BYD sub-brand Denza has followed up with a refreshed version with better technology and significantly lower starting prices. Initially targeting potential Model Y customers, the N7’s sales have yet to reach Denza’s expectations, leading to today’s new demand levers and some new subsidies for switching to the updated model. Read more…

BYD’s Denza N7 SUV gets a refresh, substantial price cut

ArenaEV
BYD-backed Denza gave its stylish N7 SUV a makeover today. Additionally, the 2024 Denza N7 got a new price that’s substantially lower than the outgoing version. Denza’s initial N7 launch in July 2023 didn’t make the splash the company hoped for. Now the updated N7’s starting price of RMB 239,800 (€30,900) represents a massive 20.5% savings over the current model.… Read more…