Daimler AG and BYD Auto have agreed to change the ownership structure of their Shenzhen Denza New Technology joint venture, also known as Daimler-BYD, also known as ‘Denza‘. Under the new agreement, BYD will hold 90% of the shares and Daimler 10%. Daimler will only be a shareholder and no longer participate in the development … Continue reading Daimler Exits Denza Joint Venture With BYD