Car News
End of an Era: Mercedes-Benz Sells Final Stake in Denza to BYD, Concluding 13-Year EV Partnership
Mercedes-Benz has fully withdrawn from its Denza joint venture with BYD, selling its remaining 10% stake. This marks the end of a 13-year partnership in luxury EVs for the Chinese market. BYD now has full control of Denza, which has seen significant sales growth under its leadership.