BYD, the world’s largest electric vehicle maker, is in the final stages of bringing its luxury brand Denza to India, with the D9 executive MPV to lead the rollout, we have learned. The Chinese carmaker is targeting its first launch around Diwali 2026. However, the launch could move to the Bharat Mobility Global Expo in February 2027 if there is a delay. If the D9 arrives around Diwali, BYD is likely to use the mobility show for a broader showcase of the Denza brand and its proposed India portfolio.
D9 to lead India rollout
The D9 will occupy the space above the MG M9, but below the Toyota Vellfire and Lexus LM. The MG M9 costs Rs 79.95 lakh, ex-showroom, while the Toyota Vellfire is priced between Rs 1.20 crore and Rs 1.30 crore. The Lexus LM has the highest price bracket, starting from Rs 2.20 crore and going up to Rs 2.75 crore. This leaves room for BYD to position the D9 as an executive electric MPV at around Rs 90 lakh.
The D9 is available globally with electric and plug-in hybrid powertrains. BYD is likely to give priority to the electric version in India. Plug-in hybrids face a significant tax disadvantage over pure electric vehicles, which are subject to 5 percent GST, making the PHEV harder to price competitively. The plug-in hybrid version could be considered at a later stage.
D9 could be sold via dedicated Denza outlets
Initially, the Denza models are expected to be imported as completely built units (CBUs). This will allow BYD to enter the market quickly and assess demand before taking a call on its longer-term India plans. BYD may also set up dedicated Denza outlets rather than sell the models through its existing retail network. This would separate Denza from BYD’s current line-up, which comprises the Atto 3, Seal, Sealion 7 and eMax 7.
The D9 will arrive at a time when the executive MPV segment is seeing fresh activity. The MG M9 has brought an electric alternative to the segment, while the Vellfire and Lexus LM operate at significantly higher price points. Denza will take BYD into a price segment dominated by established luxury brands. The challenge will not be limited to the product. BYD will also have to convince buyers that its retail and after-sales experience can meet expectations in the Rs 90 lakh segment.
With inputs from Uday Singh.
Viraaj Bhatnagar
Dipan Sur
Dhruv Dhaka
