CNN has reached out to BYD for information about the pricing of the Denza Z. Last month, the high-end Denza line’s N9 flagship SUV went on sale with a starting price of 389,800 yuan ($53,453).

In late March, BYD unveiled its Denza N9 luxury SUV at its headquarters in Shenzhen, Guangdong province, joining local rivals in launching models that feature the number nine in their names.

Chinese electric vehicle giant BYD has already beaten out long-standing frontrunner Tesla in sales of electrified vehicles. And now it’s coming for luxury sports cars.

Denza’s N9 flagship SUV went on sale last month with a starting price of 389,800 yuan ($53,453), by comparison BYD’s popular Song Plus SUV starts around $18,500. BYD also sells luxury EVs ...