BYD, Mercedes-Benz
BYD Moves to Full Control of Mercedes-Benz Venture in China
Chinese automaker BYD Co. has moved to fully control a joint venture it had in China with Mercedes-Benz Group AG, as an increasing number of foreign carmakers dial back their exposure to the world’s biggest auto market.
Mercedes-Benz exits luxury EV joint venture with BYD, Chinese OEM takes control
Mercedes-Benz has sold its remaining 10% stake to BYD, giving the Chinese electric car giant full control of the joint venture, under which the two auto OEMs were developing and manufacturing luxury electric vehicles.
Mercedes-Benz Sells out of China EV Maker as Luxury Spending Drops
Mercedes-Benz Group sold its remaining 10% stake in premium EV and hybrid maker Denza to BYD in the wake of disappointing sales locally.
Mercedes EVs Quit China
Mercedes has ended its last relationship in China, which shows how difficult it is for legacy car companies from Europe, the US, and Asia to remain in the Chinese market while making a profit. According to The Wall Street Journal,
China: Mercedes-Benz speeds up digital transformation to tap Chinese market
Mercedes-Benz speeds up digital transformation to tap Chinese market (Voice_over) Beijing Benz, the 20-year joint venture between Mercedes-Benz Group and Chinese automaker BAIC Motor, is accelerating the digital transformation of its factories in China to remain competitive in the world's largest passenger vehicle market.
Mercedes Cuts Ties with BYD as Chinese Rival Gains Ground in Europe
Mercedes-Benz has officially ended its 13-year partnership with Chinese automaker BYD, marking the close of an era in their joint venture, Denza. The collaboration, which began in 2011, was initially created to produce affordable vehicles for the Chinese market.
BYD takes full control of Denza JV as Mercedes-Benz pulls back from China amid trade tensions
Benz, gaining complete control of the Denza brand amid rising trade tensions. The partnership lasted 13 years, ending as Mercedes reduced its stake due to poor sales while Denza's new models gained popularity.
Mercedes Withdraws From Denza, BYD Takes Full Ownership
The brand's current generation of cars don't feature any technologies from Mercedes, so customers won't notice any differences
BYD, LCV
Electrek1d
BYD would still have the cheapest EV in the US, even with a 100% tariff
Even with the new 100% tariff on electric vehicles imported from China, BYD would still have the cheapest EV in the US. According to a new report, BYD’s lowest-priced EV would still undercut all US ...
EconoTimes19h
BYD Still Poised to Offer Cheapest EV in US Despite 100% Tariff on Imports
Despite a new 100% tariff on Chinese EV imports, BYD will still offer the cheapest electric vehicle in the US, priced under ...
GlobalData on MSN2d
BYD on hiring spree – report
"BYD on hiring spree – report" was originally created and published by Just Auto, a GlobalData owned brand.
BYD: Record Sales, Low Valuation
BYD's record sales growth, high profit margins, and global success make it a top investment in the EV sector, despite EU ...
Electrek4d
BYD is now the world’s largest automaker by R&D workforce after major hiring spree
China’s BYD now has the world’s largest R&D workforce of any automaker after its latest hiring spree. With over ...
Commercial Motor7h
BYD displays four electric commercial vehicles at IAA
At IAA Transportation, BYD has launched a range of electric vehicles designed specifically for the European market. The BYD ...
Chinese EV giant BYD ramps up hiring as Beijing prioritises employment
BYD , has significantly ramped up hiring, increasing its workforce to more than 900,000 people as of Friday, a senior manager ...
Auto12322h
Toyota Using BYD Technologies for its Future bZ3C
Toyota is partnering with BYD for the development of its future bZ3C EV. For the moment, that model is only confirmed for the ...