Daimler AG and BYD Company Limited have announced they have signed a contract creating a 50:50 research and technology joint venture - Shenzhen BYD Daimler New Technology - that will develop an electric vehicle for the Chinese market. BYD and Daimler will invest Yuan 600m (US$87.7m) to use as registered Subscribe to Automotive World to … Continued
Daimler AG and BYD Company Limited have announced they have signed a contract creating a 50:50 research and technology joint venture - Shenzhen BYD Daimler New Technology - that will develop an electric vehicle for the Chinese market. BYD and Daimler will invest Yuan 600m (US$87.7m) to use as registered
Subscribe to Automotive World to continue reading
Sign up now and gain unlimited access to our news, analysis, data, and research
Subscribe
Already a member?
https://www.automotiveworld.com/articles/82235-china-byd-and-daimler-create-ev-development-jv/
Join our LinkedIn Group
Let us help you understand the future of mobility
