Daimler AG Signs Memorandum of Understanding with BYD Company Limited to Establish a Technology Partnership for Electric Vehicles in China
Green Car Congress
MARCH 1, 2010
Under the agreement, Daimler and BYD intend to develop a new electric vehicle specific to the requirements of the Chinese market. With its many metropolitan areas, China has the potential to be among the world’s largest markets for zero-emission vehicles. Electric vehicles are especially well-suited for urban driving.
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