Mercedes-Benz has withdrawn from its Denza joint venture with BYD in China after selling off its remaining 10% equity. This ...
Valuation data supports the notion that China-related concerns weigh on the stock. BYD certainly isn’t expensive when we ...
With lithium prices dropping and competition growing, automakers are adjusting to slower growth in the electric vehicle ...
Denza was formed in 2011 and sold just 23,000 vehicles in its first 10 years. Thanks to several compelling new models, sales have soared over the past three years. The marque off-loaded a 40% ...
BYD has acquired the remaining 10 percent of shares it did not already own in a company set up to market the Denza premium electric vehicle brand, according to a statement on Sept. 16 that did not ...
File image of Denza EV models are displayed at the booths in a shopping mall in Beijing, China. (Reuters / Tingshu Wang) BYD Company, the Chinese automaker, has taken over full control of Denza ...
Dunque, gli obiettivi di Denza non coincidono più con quelli dei due azionisti. Del resto, i tedeschi hanno ridotto la loro partecipazione già nel 2021, scendendo dal 50% al 10%, in seguito ...