Daimler and BYD are stepping up investment in their electric vehicle joint venture BYD Daimler New Energy Technology. The partners will each pump an additional Yuan 430m (US$69m) into the venture for a total Yuan 860m infusion. The new funding will assist in development of eco-friendly vehicles, according to BYD. BYD Subscribe to Automotive World … Continued
Daimler and BYD are stepping up investment in their electric vehicle joint venture BYD Daimler New Energy Technology. The partners will each pump an additional Yuan 430m (US$69m) into the venture for a total Yuan 860m infusion. The new funding will assist in development of eco-friendly vehicles, according to BYD.
BYD
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https://www.automotiveworld.com/articles/daimler-and-byd-double-ev-jv-investment/
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