BYD Expands Premium Electric Vehicle Presence in Europe Amid Trade Challenges

Chinese electric vehicle manufacturer BYD is intensifying its European market presence by unveiling its high-end Denza brand, despite ongoing trade tensions. Set to debut the Z9GT model in European showrooms during the fourth quarter of 2025, BYD aims to enhance its global footprint. The company plans to offer both fully electric and plug-in hybrid versions of the Z9GT. Additionally, BYD has announced a seven-seat multi-purpose vehicle, the D9, as the second Denza model for the European market. This strategic move underscores BYD's commitment to international expansion while navigating complex geopolitical dynamics.
In a significant partnership evolution, BYD initially launched the Denza brand in collaboration with Daimler (now Mercedes-Benz Group) in 2010. Following a rebranding in 2021, the sub-brand primarily focuses on the Chinese market, with the German automaker reducing its stake to 10%. However, BYD continues to broaden its horizons globally. The European Union imposed a 17% duty on BYD battery electric vehicles last year due to allegations of unfair production subsidies, yet discussions between Chinese and EU officials continue to address supply chain issues.
BYD's executive vice president, Stella Li, expressed excitement about introducing Denza to European customers, marking Milan as the starting point for accelerated progress throughout 2025. The company's overseas sales have surged since late 2022, reaching over 206,000 cars sold outside China in the first quarter of this year—a more than twofold increase compared to the same period last year. This remarkable growth reflects BYD's substantial international success, achieving record new energy vehicle sales in the first quarter with 986,098 passenger cars sold.
Compared to Tesla, BYD targets a lower price segment, allowing it to surpass Elon Musk's automaker in total sales last year. In the first quarter, BYD sold 416,388 battery-only passenger cars, outperforming Tesla's 172,754 vehicles sold in China during the same timeframe, according to data from the China Passenger Car Association. With revenue growing by at least 86% year-over-year to 8.5 billion yuan ($1.2 billion), BYD demonstrates robust financial performance alongside its expanding market influence.
As BYD ventures further into the European market, the company positions itself as a formidable player in the global electric vehicle industry. By leveraging its technological advancements and competitive pricing strategies, BYD aims to meet rising consumer demand across continents. Despite challenges posed by trade barriers, the automaker remains committed to delivering innovative solutions and enhancing its premium offerings worldwide.