Denza

Denza said the 2024 D9 received 11,287 firm orders in the first 12 hours after its launch. Li Auto, on the other hand, has not announced orders for the Li Mega, and its shares have been down about 18 percent since the MPV's launch.

The Denza D9 MPV continues to be offered in hybrid and pure electric versions, with starting prices lowered by RMB 10,000 and RMB 16,000, respectively.

Denza's head of sales previously hinted that the D9 will be priced at RMB 600,000 - RMB 1 million in Hong Kong.

Deliveries of the first Denza N8 vehicles have begun in 12 cities. Production of the Denza N7 has also been accelerated, with deliveries already exceeding 1,000 units this month.

The Denza N7 faces tough competition in its segment. Perhaps it can capture customers, especially with a traditional premium styling, it may find a market amongst a new older demographic.

The launch of the Denza N8 comes just a month after the Denza N7 SUV, and there's some price overlap between the two.

The Denza N7 is a Model Y competitor with a price range that overlaps considerably with the Tesla model.

The launch of the Denza N8 comes just a month after the launch of the Denza N7, which will begin deliveries this weekend.

Denza officially launched the Denza N7 on July 3, targeting the market where Tesla Model Y is located with a starting price of RMB 301,800.

Denza has delivered more than 10,000 vehicles for four consecutive months, and with the N7 SUV targeting a larger market, it is expected to gain further momentum.