BYD’s premium Denza brand has opened orders for its B5 and B8, a pair of large plug-in hybrid off-road SUVs.
The B5, slightly smaller than a Toyota Prado and offering only five seats, is priced from $74,990 before on-road costs – $2490 more than a base Prado GX.
In top-spec Leopard trim, it costs $79,990 before on-roads; Leopard appears to be a nod to the fact the B5 and B8 are actually borrowed from BYD’s Fangchengbao brand, which roughly translates to ‘formula leopard’.
The B8, which has a slightly larger footprint than a Toyota LandCruiser 300 Series, opens at $91,000 before on-road costs. Opting for a more luxurious six-seat configuration brings the price up to $97,990 before on-road costs.
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The flagship Denza therefore undercuts the LandCruiser 300 Series, which in entry-level GX trim starts at $98,340 before on-roads.
But Denza expects not only to attract buyers from mass-market brands but also those from luxury brands, and its B5 and B8 have precious little in the way of direct competition: there’s the Land Rover Defender PHEV, but it’s a much pricier offering.
Deliveries of the B5 will begin late in January 2026, with the B8 following after that.
The company says it has recorded almost 5000 expressions of interest for the B5 and B8, and the first 2000 customers will receive a free premium paint upgrade and interior trim enhancement valued at $1818.
Both the B5 and B8 feature Denza’s Dual Mode Offroad (DMO) ‘super-hybrid’ system.
The smaller of the two SUVs features a turbocharged 1.5-litre four-cylinder petrol engine and a 31.8kWh lithium iron phosphate (LFP) battery, for total outputs of 400kW of power and 760Nm of torque, and 90km of electric range on the WLTC cycle.
The B8 upgrades to a 2.0-litre turbo-petrol engine and a 36.8kWh LFP battery, with total outputs of 425kW/760Nm and 100km of WLTC range.
The Denza range will be backed by the same warranty offering as BYD: a six-year, 150,000km vehicle warranty and an eight-year, 160,000km battery warranty.
A capped-price servicing scheme is also in the works, though pricing isn’t yet available.
Denza expects to have around 15 retail locations by the end of the first quarter (January to March) of 2026, increasing to 20-25 by the end of next year.
Most of these will be standalone dealerships, except in some less populous regions where Denza may share showroom space with the BYD brand.
Denza will share a parts warehouse with BYD, and B5 and B8 parts are already in the country.
It’s also promising something called House of Denza, similar to Lexus’ Encore aftersales offering, which Denza Australia chief operating officer Mark Harland says will offer “everything from concierge pickup and drop-off to off-roading adventures to a physical space at the different dealerships where people can come and hang out and have a coffee and chat”.
Denza, owned by BYD, is the second Chinese auto brand to overtly pitch itself as a luxury brand here, with the other being Zeekr from Volvo and Lotus owner Geely – although there’s also ‘IM Presented by MG Motor’ and, soon, Lepas from Chery.
You can view a detailed breakdown of powertrains, dimensions, standard equipment and other information in our separate Denza B5 and Denza B8 price and specs articles.
Denza B5 prices
| Model | Price before on-road costs |
|---|---|
| 2026 Denza B5 | $74,990 |
| 2026 Denza B5 Leopard | $79,990 |
Denza B8 prices
| Model | Price before on-road costs |
|---|---|
| 2026 Denza B8 (seven seats) | $91,000 |
| 2026 Denza B8 (six seats) | $97,990 |