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Daimler, BYD to recapitalize China EV partnership

Daimler and BYD build the Denza 300 electric compact sedan in China.
Sr
By:
Staff report
June 05, 2018 05:00 AM

Daimler and its China partner BYD will each invest 400 million yuan ($62.5 million) to help speed a turnaround at their unprofitable electric vehicle joint venture.

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