Daimler To Invest $145.14 Million Into BYD-Denza Electric Car JV In China
By Mark Kane Daimler-BYD’s joint venture, the Shenzhen DENZA New Energy Automotive Co. , which was established in 2010, soon will get a big cash infusion, as Daimler has agreed to boost capital by a combined 1.0 billion yuan ($145.14 million). Both partners will bail out invest in Denza in the amount of …read more
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