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BYD, Denza and Mercedes-Benz
Mercedes Withdraws From Denza, BYD Takes Full Ownership
The brand's current generation of cars don't feature any technologies from Mercedes, so customers won't notice any differences
BYD now owns 100% of Denza - a Mercedes JV in China
BYD Company (OTCPK:BYDDF) acquired full control of its joint venture with Mercedes-Benz (OTCPK:MBGAF) in China as it bought the remaining 10% stake in Shenzhen Denza New Energy Automotive, according to a CnEVPost post.
Mercedes-Benz exits Denza completely
Chinese partnership: in 2011, Daimler and the Chinese car manufacturer BYD founded the joint venture Denza to jointly produce low-cost cars for the Chinese market. After reducing its stake in 2021, the Stuttgart-based company has now exited Denza completely.
BYD takes full control of Denza JV as Mercedes-Benz pulls back from China amid trade tensions
Benz, gaining complete control of the Denza brand amid rising trade tensions. The partnership lasted 13 years, ending as Mercedes reduced its stake due to poor sales while Denza’s new models gained popularity.
BYD now fully owns Denza after Mercedes-Benz sells off remaining 10% stake in NEV brand joint venture
Mercedes-Benz has withdrawn from its Denza joint venture with BYD in China after selling off its remaining 10% equity.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
Mercedes-Benz sells remaining share in BYD luxury brand
BYD now has full control over Denza, a luxury-car brand originally founded as a joint-venture between it and Mercedes-Benz in 2010.
Mercedes-Benz Sells Out of China EV Maker as Luxury Spending Drops
Mercedes-Benz has sold its remaining 10% stake in premium EV and hybrid maker Denza to BYD in the wake of disappointing sales locally.
BYD Moves to Full Control of Mercedes-Benz Venture in China
Chinese automaker BYD Co. has moved to fully control a joint venture it had in China with Mercedes-Benz Group AG, as an increasing number of foreign carmakers dial back their exposure to the world’s biggest auto market.
Mercedes-Benz exits joint venture with BYD
BYD now wholly owns Denza, a brand it formed with Mercedes-Benz in 2010, after the German firm reduced its involvement over the years.
Paul Tan
8d
Denza Z9 GT – luxury PHEV/EV with up to 963 PS, 630 km range, Sept 20 debut, fr RM217k; exports planned
Benz, BYD brand Denza has gone from strength to strength, repositioned as a premium marque. It currently sells SUVs and a ...
The Daily Tar Heel
20h
Judge denies Republican request to prevent UNC mobile One Card as voter ID
The Democratic National Committee and UNC Affirmative Action Coalition opposed the Republican Party claims and argued that ...
3d
Is BYD’s Stock Underappreciated by the Market?
Valuation data supports the notion that China-related concerns weigh on the stock. BYD certainly isn’t expensive when we ...
阿思達克財經網
10d
BYD's Denza To See First Sedan Z9GT Hit Global Mkt Next Fri
BYD COMPANY (01211.HK)(002594.SZ)'s Denza brand announced that its first sedan, the Z9GT, will go on sale globally next ...
Gangnamtimes on MSN
5d
Exclusive First Look: Denza Z9 GT’s Lightning-Fast Acceleration and Premium Features
The Denza Z9 GT, a sporty electric shooting brake from the BYD-Mercedes joint venture, combines premium design with ...
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China
Mercedes
BYD
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