The first Denza electric vehicle has rolled off the assembly line at the Shenzhen BYD Daimler New Technology plant in China.

The first Denza electric vehicle has rolled off the assembly line at the Shenzhen BYD Daimler New Technology plant in China.

Jointly developed by Daimler and BYD, the Denza is a five-door hatchback that features a 47.5 kWh lithium iron phosphate battery and an electric motor that produces 115 bhp (86 kW) and 290 Nm (214 lb-ft) of torque. This setup enables the car to travel up to 300 km (186 miles) on a single charge and hit a top speed of 150 km/h (93 mph). When the battery is depleted, it can be recharged in seven hours with a household outlet or less than an hour with a rapid charging wall box.

According to Daimler Board Member Hubertus Troska, “Denza is the first car that Daimler has engineered from the bottom up outside of Germany, and it clearly lives up to its promise to be the safest, most reliable and convenient electric vehicle from and for China." He went on to say the model is the "most serious local electric vehicle effort in China, unmatched by any other European competitor, and a key pillar of our electric vehicle strategy in the country."

The Denza will go on sale later this month and pricing starts at 369,000 RMB (€45,700 / $58,980). That certainly isn't cheap but the model is eligible for subsidies up to 120,000 RMB (€14,900 / $19,230).

Daimler & BYD designed Denza goes into production in China