(BRK.A), (BRK.B)
Sales of Berkshire Hathaway-backed BYD’s joint venture with Mercedes-Benz, the D9 premium MPV, started deliveries Sunday, and sales are already going through the roof. Presales racked up 30,000 orders for the multipurpose vehicle that they market under the upscale Denza brand.
Engineered and produced in and for the China market, the DENZA brand combines Daimler’s vehicle architecture expertise with BYD’s leading battery technology.
The D9 is offered as both a plug-in hybrid and pure electric vehicle, and the EV boasts a 500KM range.
© 2022 David Mazor
Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway and BYD, and this article is not a recommendation on whether to buy or sell a stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.