腾势Denza

Is Denza Chinese? Yes

Facts checked Ownership as of 4 September 2026

Yes

Denza is Chinese and is run by BYD. It began as a joint venture between BYD and Mercedes-Benz and is now listed as a BYD brand, positioned above the BYD badge as a premium line of MPVs and SUVs. Mercedes-Benz's exact residual holding, if any, is not recorded here.

The chain

The ownership chain behind this answer, owner first.
Step Entity Kind Origin
1 BYD group CN
2 Denza brand CN

Holding by holding

  1. Lü Xiangyang holds a stake in BYD since February 1995.

    Wang Chuanfu's cousin, BYD's co-founder and early financial backer; he has held BYD shares through Guangzhou Rongjie Investment. The current percentage was not verified.

  2. BYD owns Denza at 100% since 14 September 2024.

    BYD has owned Denza outright since Mercedes-Benz came off the shareholder register on 14 September 2024. It had held 50% from 2010 and 90% from 2022.

Former owners

Holdings that have ended. They are here because the story needs them and are never part of the current tree.

  1. Mercedes-Benz Group AG formerly held Denza at 50% from 27 May 2010 until 2022.

    Daimler and BYD founded Shenzhen Denza New Energy Automotive as an equal joint venture on 27 May 2010. BYD signed an equity transfer agreement in January 2022 that reduced Daimler's successor, Mercedes-Benz Group, to 10%; the deal closed in mid-2022.

  2. Mercedes-Benz Group AG formerly held Denza at 10% from 2022 until 14 September 2024.

    Mercedes-Benz kept a 10% residual holding in Denza after the 2022 transfer and disposed of it in 2024; the corporate register showed it off the shareholder list on 14 September 2024 and a Mercedes executive removed from the board.

Is Denza Chinese: the short answers

Is Denza Chinese?
Yes. Denza is Chinese and is run by BYD. It began as a joint venture between BYD and Mercedes-Benz and is now listed as a BYD brand, positioned above the BYD badge as a premium line of MPVs and SUVs. Mercedes-Benz's exact residual holding, if any, is not recorded here.
Who owns Denza?
BYD sits at the top of the recorded chain. The ownership page sets out every step with its stake and date.

Related

Sources for this answer

  1. Wikipedia, List of automobile manufacturers of China. Read . Denza listed as a BYD Auto brand.