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China: Daimler Reduces Its Share In Denza JV With BYD

Daimler and BYD announced that they have signed an equity transfer agreement to realign the structural setup of their joint venture Denza. ....

Daimler New Technology Co Ltd , Daimler Greater China Ltd , Auto Industry Co Ltd , Energy Automotive Co Ltd , Greater China ,

Daimler and BYD restructure DENZA joint venture to 10:90

Daimler Greater China Ltd. and its long-term Chinese partner BYD Auto Industry Co., Ltd. (BYD) signed an equity transfer agreement to realign the structural setup of their originally 50:50 joint venture Shenzhen DENZA New Energy Automotive Co., Ltd. (DENZA). (Earlier post.) Both partners intend to complete an equity transfer in. ....

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