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BYD now fully owns Denza after Mercedes-Benz sells off remaining 10% stake in NEV brand joint venture

2 months ago Auto paultan

Mercedes-Benz has withdrawn from its Denza joint venture with BYD in China after selling off its remaining 10% equity. This comes a few years after BYD increased its stake in the JV to 90% in […]

The post BYD now fully owns Denza after Mercedes-Benz sells off remaining 10% stake in NEV brand joint venture appeared first on Paul Tan's Automotive News.

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