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Daimler, BYD to recapitalize EV joint venture

The Denza EV is Daimler and BYD's sole joint-venture model.
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By:
Staff report
May 23, 2017 05:00 AM

Daimler and BYD Co. will each invest 500 million yuan ($72.6 million) to shore up their debt-laden electric vehicle joint venture in China.

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