Currently reading: BYD buys Mercedes-Benz stake in Denza joint venture

Chinese giant takes full control of brand – which was originally a 50:50 effort – as it plants roots in Europe

BYD has bought out the remainder of Mercedes-Benz’s stake in Denza, which was co-founded by the Chinese and German companies in 2010.

Its acquisition of the 10% share (for an undisclosed amount) means it has taken full control of the premium electric car brand.

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