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BYD to take full ownership of Denza
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BYD to take full ownership of Denza

New energy vehicle giant BYD plans to gain full control of Denza, its premium electric vehicle joint venture with German automaker Mercedes-Benz Group. BYD is waiting for regulatory approval to acquire the last 10% stake it does not yet own in Denza, according to the Shenzhen-based company. The equity transfer is expected to be completed...