Cars
Chinese automaker BYD (Build Your Dreams) and Mercedes-Benz's parent company Daimler AG have set up a new joint venture called "Shenzhen BYD Daimler New Technology Co. Ltd," to develop electric vehicles for China.
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- Daimler And China's Byd Name Their New Ev Brand Denza
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- Daimler To Form New Chinese Joint Venture With Beiqi Foton
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Cars
Daimler and BYD Join Forces, Create a New Brand with Electric Cars for China
Chinese automaker BYD (Build Your Dreams) and Mercedes-Benz's parent company Daimler AG have set up a new joint venture called "Shenzhen BYD Daimler New Technology Co. Ltd," to develop electric vehicles for China.
The two companies said that they are planning to invest a total of 600 million yuan (US$87.9 million) in the 50-50 partnership in China.
According to a statement made by Daimler, the German automaker will bring its "know-how in electric vehicle architecture and safety" to the venture, while BYD will contribute "it's excellence in battery technology and e-drive systems".
- Daimler And Byd Show The First Fruit Of Their Chinese Union With Denza Concept In Beijing
Mercedes-Benz's parent company Daimler and China's BYD (Build Your Dreams) marked the first appearance of their new joint venture brand Denza at a motor show with the world premiere of a new concept model that outlines a production vehicle that...
- Honda's Beijing Auto Show Concept C Previews New Mid-size Sedan For The Chinese Market
One of the star attractions at Honda's stand at the Auto China 2012 in Beijing is the new Concept C study that gives consumers a first look at the company's upcoming family saloon model that will go on sale in the country next year. Honda says...
- Daimler And China's Byd Name Their New Ev Brand Denza
It's been close to two years since Mercedes-Benz's parent company Daimler and China's BYD formed a new 50-50 joint venture under the name BDNT (BYD Daimler New Technology Co. Ltd) for the development and production of affordable electric...
- China Hopes To Bully Foreign Companies, Trade Market Access For Electric Vehicle Technology
The chips are finally hitting the fan. China has put the word out there that it may play a big power card in the near future: give us all the secrets to your tech, or we won't let you build and sell in our ever-growing Chinese market. According to...
- Daimler To Form New Chinese Joint Venture With Beiqi Foton
Mercedes-Benz's parent company Daimler AG has signed a letter of intent to form a new 50:50 joint venture with China's Beiqi Foton Motor Co., Ltd to produce medium and heavy-duty trucks and exchange technology in China. The deal between the companies...