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BYD and Daimler Sign Joint Venture Contract to Develop Electric Vehicles in China

Green Car Congress

Together with Daimler we are making excellent progress identifying opportunities to utilize the strengths of both companies to create a new brand of electric cars for China. This is a unique and exciting initiative and together we are pushing hard to bring this new electric vehicle to market as soon as possible. Earlier post.).

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Daimler and BYD to join forces on electric cars

Green Cars News

It seems that it’s a new trend in motoring for auto manufacturers to join forces on green cars – and now you can add another partnership to the list. BYD Company Limited and Daimler AG have signed a contract to create a 50:50 research and technology joint venture entitled Shenzhen BYD Daimler New Technology Co Ltd. [.].

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Daimler and BYD to join forces on electric cars

Green Cars News

The name BYD Auto remains on the radar for green car enthusiasts as it continues its ambitious plans to establish itself a major global car manufacturer – and now the company has reached an understanding with German car making giant Daimler AG.

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