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Daimler to take 12% stake in BAIC Motor

Green Car Congress

According to a new binding agreement, Daimler AG will invest in BAIC Motor, the passenger car unit of BAIC Group. Daimler’s investment will take place through the issuance of new shares corresponding to a 12% stake in BAIC Motor. Daimler’s shareholding in BAIC Motor is subject to the approval by the relevant authorities.

Motor 247
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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

Daimler AG is taking a major step forward in its China strategy with the closing of the company’s 12% investment in long-standing partner BAIC Motor, the passenger car unit of Beijing Automotive Group (BAIC Group), one of the top automotive companies in China. BDNT); as well as sales companies in Hong Kong and Taiwan. Daimler in China.

Chinese 259
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Hero MotoCorp partners Taiwan’s Gogoro to develop EV & battery swap stations 

Electric Vehicles India

Hero MotoCorp partners Taiwan’s Gogoro to develop EV & battery swap stations . With this partnership, HeroCorp will launch electric vehicles using Gogoro’s technology. The Taiwanese electric two-wheeler maker Gogoro aims to increase the shift to sustainable electric mobility in India.

India 86
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Prevail Electric Mobility to Increase Their Production Capacity

Get Electric Vehicle

Prevail Electric Mobility, an affiliate of French lubricants firm FRVelion, would build up an additional production plant in India for electric two-wheelers to fulfill demand in the nation as well as cater to the Nepal and Sri Lankan markets according to a top business official. . Prevail Electric Scooter. Expanding The Horizon.

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Testing the Rowwet electric scooter : Eleq

Plug In India

By Atul Gopal The PluginIndia team had visited a new electric two wheeler manufacturer - Rowwet Mobility. They have 4 models of electric scooters and also plan to launch some motorcycles. We got an opportunity to test the Eleq model, which is a high speed electric scooter. It has a 3 kW motor - and is zippy.