Chinese EV giant BYD expands in Europe with premium brand launch

Group 1 - BYD is launching its premium Denza brand in Europe, with the first model, the Z9GT, expected to arrive in showrooms in Q4 2025 [1] - The Z9GT will be available in both battery-only and plug-in hybrid versions [1] - BYD has a history with the Denza brand, initially formed in 2010 with Daimler, which has since reduced its equity interest to 10% [2] Group 2 - The European Union imposed a 17% duty on imports of BYD's battery electric vehicles due to claims of "unfair" production subsidies [3] - Recent discussions between Chinese and EU officials focused on issues related to the electric car supply chain [3]