German automaker Daimler and its Chinese partner BAIC Group have signed a new framework agreement for the production of electric vehicles. The agreement is focused on two significant investments. The first part is that Daimler will invest ...
Tags: Daimler, Electric Vehicles
The millionth vehicle has been built at Beijing Benz Automotive Co (BBAC). This joint venture between Daimler and BAIC has been in place for over ten years and undertook tremendous development over the last decade. Daimler Greater China ...
Tags: Mercedes-Benz, BAIC Group
In December, China will release the first new energy vehicle industry development roadmap, possibly proposing mild hybrid cars as energy saving vehicles, as one of the moves to guide the sector's development in the world's largest electric ...
Tags: Electric Car
China is one of the world’s largest automotive consumer market, by late 2015 car ownership in the country reached 172 million cars, and the volume is accelerating. It can be projected in the next few years, Chinese market demands for ...
Tags: LED Lighting, LED package
BAIC BJEV, a new energy automaker in China, has signed a strategic cooperation agreement for Sino-German Automotive Light Weighting Technology Joint R&D Center with Dresden University of Technology (TUD) in the Council Chamber of the state ...
Tags: Electric Cars, energy automaker
In the presence of Germany’s Chancellor Dr. Angela Merkel and the Chinese State President Xi Jinping, Daimler AG and its Chinese partner Beijing Automotive Industry Corporation (BAIC Group) today signed an agreement on the further ...
Tags: Daimler, BAIC, Mercedes-Benz
German automaker Daimler has acquired a 12% stake in its Chinese partner BAIC Motor, the passenger car unit of Beijing Automotive Group (BAIC Group). This transaction marks the first investment by a non-Chinese automotive company in a ...
Tags: Daimler, Chinese BAIC Motor