Daimler Greater China

Activity by year

201820192020202120222023202420252026

InvestmentAcquisition

Jan 3, 2022ACQUISITIONShenzhen, China
Daimler and BYD realign DENZA joint venture ownership
Daimler Greater China and BYD Auto Industry signed an equity transfer agreement to realign the structural setup of their joint venture Shenzhen DENZA New Energy Automotive. After the transfer, Daimler will hold 10% and BYD will hold 90% equity interest.
Daimler Greater China BYD Auto Industry Co., Ltd. acquirer Shenzhen DENZA New Energy Automotive target #Automotive Components intlbm.com
May 29, 2018INVESTMENTShenzhen, China$124.0M
BYD and Daimler to invest CNY 800 million in Denza NEV joint venture
BYD Automotive Industry and Daimler Greater China will each invest CNY 400 million (total CNY 800 million, about USD 124 million) to increase the registered capital of their new energy vehicle joint venture Shenzhen Denza New Automotive, maintaining 50% stakes each.
BYD Automotive Industry investor Daimler Greater China investor Shenzhen Denza New Automotive partner #Automotive Components yicaiglobal.com

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