BYD launches its most direct Tesla competitor yet

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BYD launches its most direct Tesla competitor yet
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BYD's Denza brand revealed Monday its new N7 electric SUV comes with features and a price that rival Tesla's Model Y.

"Denza has really been under the radar for a few years but BYD is ready to show off its rejuvenated brand and the media blitz points to their confidence in the product and their desire to keep pressure on the incumbents," he said.

A livestream of the event had nearly 2 million views on Weibo alone, the Chinese Twitter-like platform.In another page from Nio's playbook, the Denza N7 launch in Beijing was followed by a live music performance.in the Denza brand. Its prior electric model, the D9 multi-purpose vehicle, claims more than 10,000 sales a month since since March. That car is available in Thailand, and is set for release in Hong Kong, Macao and Europe, a brand representative said Monday, without sharing dates.

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