Daimler and BAIC to Make Electric Cars in China

By Editorial Staff Daimler and its Chinese joint venture partner BAIC Motor Corporation agreed to upgrade the Mercedes-Benz factory in Beijing to make electric cars, Daimler announced on Thursday.
In the presence of German Chancellor Dr. Angela Merkel and Chinese Premier Li Keqiang, Daimler AG and its Chinese partner BAIC Group signed a framework agreement on further strengthening their strategic collaboration through investments for New Energy Vehicles in China.
“China today is already the world’s largest market for NEVs, and Daimler is committed to contributing to the further development of electric mobility in this country,” said Hubertus Troska, Daimler’s board member in charge of China.
Daimler

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