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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.

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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. BBAC), Beijing Mercedes-Benz Sales Service Co.

Motor 247
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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.

Honda 52
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The Godfather of South Korea’s Chip Industry

Cars That Think

By the beginning of the 21st century, South Korea had become a dominant power in the global semiconductor market, meeting more than 60 percent of international demand for memory chips alone. His i3system develops sophisticated infrared image sensors for both defense and commercial markets. Kim Choong-Ki in Quotes. “If

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Lamborghini Breaks Historic Sales Record

The Truth About Cars

Regardless, Lamborghini now sells enough cars to put itself into a different category unless industry regulators are swayed by corporate lobbying efforts.

Sale 103
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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

Markets close in 5 hours and 43 minutes. Floyd Associates Dubai is responsiblefor offeringstrategic development advice to companies interested inexploringopportunities in the rapidly growing markets of the MiddleEast. www.GFTforex.com Earn From 2.73% to 3.04% With GE Capital Corporation. Not An Offer Of Securities For Sale.

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

Plug In India

Progressive scooter startups like PURE EV, Batt:RE have achieved very good numbers in 2020 and are set to expand their portfolio and are expected to capture a large market. We wrote an article on how Mahindra could have been a market leader in Electric cars and chose not to. They too have let 2020 pass by.

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