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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.

Chinese 259
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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.

Motor 247
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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

www.geinterestplus.com Finance Discover free information about finance. discovertheinformation.com/finance Retired At 32 - Personal Finance How I Actually Did It. Finance partner page. Markets close in 5 hours and 43 minutes. www.GFTforex.com Earn From 2.73% to 3.04% With GE Capital Corporation. No Gimmicks.