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
Daimler AG signed a Memorandum of Understanding (MoU) with BYD Company Limited to enter into a comprehensive technology partnership for the development of electric vehicles for China. Under the agreement, Daimler and BYD intend to develop a new electric vehicle specific to the requirements of the Chinese market.
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