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Daimler takes 12% stake in Chinese parter BAIC Motor; first non-Chinese automotive company to acquire an interest in a Chinese OEM

Green Car Congress

This marks the first investment by a non-Chinese automotive company in a Chinese OEM. The official closing of the transaction followed a short time after the signing of the investment agreement between the two companies in Stuttgart earlier this year and a smooth approval by the relevant Chinese authorities. Daimler in China.

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Daimler to take 12% stake in BAIC Motor

Green Car Congress

The move, making Daimler the first non-Chinese automotive company to take a stake in a Chinese OEM, deepens an existing strategic partnership. It is also significant so that both companies can actively participate in the opportunities of the Chinese automotive market. Ltd to develop an electric vehicle for the Chinese market.

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Honda Speaks About Near Future, EV Plans

The Truth About Cars

Of course, corporations are going to put their best foot forward in these types of media briefs, so you can take things with a grain of salt (or maybe Jimmy Buffett's lost shaker), but here are the highlights: As of the end of the 2023 fiscal year that ended on March 31, Honda has cut fixed costs by more than 10 percent since fiscal year 2019.

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Lamborghini Breaks Historic Sales Record

The Truth About Cars

Playing a role in achieving this milestone for Lamborghini is an honor for me and for all the people who work tirelessly to achieve this goal,” stated Stephan Winkelmann, Chairman and CEO of Automobili Lamborghini. It’s a true source of pride for the whole company to have surpassed the 10,000-car delivery mark.

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The Godfather of South Korea’s Chip Industry

Cars That Think

Although his family pressed him to join his father in the textile industry, he instead chose to pursue electrical engineering. Park Sung-Kye: Park, sometimes called the “treasure of Hynix,” has developed almost all types of memory chips, including highly efficient and speedier DRAMs and the smallest NAND flash-memory cell.

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A Brief Look at Today's Plug-in Hybrid and Electric Vehicles and the Companies That Are Revolutionizing an Old Industry - Yahoo! Finance

Tony Karrer Delicious EVdriven

A Brief Look at Todays Plug-in Hybrid and Electric Vehicles and the Companies That Are Revolutionizing an Old Industry Plug-in Hybrids: Vehicles of Tomorrow Monday April 20, 2009, 4:00 pm EDT Buzz up! The battery capacity that is needed for an all-electricvehicle iscurrently very costly. All rights reserved.

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2020 Electric Vehicle Industry Report Card and trends for the new year

Plug In India

The world is happy to see the year leave, all our lives. The Indian electric vehicle industry too suffered a setback during the first six months of the year. The year started with lot of optimism with the launch of the Tata Nexon EV from Tata Motors and Chetak electric scooter from Bajaj. By Kamlesh Mallick 2020. What a year!

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