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Samsung to purchase stake in electric car maker BYD - reports

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Samsung to purchase stake in electric car maker BYD - reports

Samsung will reportedly purchase a 4 percent stake in Chinese electric car maker BYD. According to Reuters, Samsung confirmed late last week that it was in talks about purchasing a holding in Chinese automaker BYD...

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Daimler, BYD launch Denza EV into Chinese market
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Daimler, BYD launch Denza EV into Chinese market

A collaboration between Daimler and Chinese car maker BYD has yielded its first fruit, the China-only Denza electric vehicle. The Denza, which looks like a mashup between a stretched B-Class hatch and a Tatra T700, is built in a factory in Shenzhen, China, right on the border with Hong Kong...


Daimler set to sell stake in Tata Motors
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Daimler set to sell stake in Tata Motors

Reports from India this morning say Germany's Daimler is set to sell its long-time stake in Tata Motors. Daimler, who own a 5.34 per cent stake in the Indian company, gave no comment on a its decision to sell the shares. Estimates put Daimler's return on the sale at US$429 million (AUD$470 million)...