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
Under the agreement, Daimler and BYD intend to develop a new electric vehicle specific to the requirements of the Chinese market. We are very excited about this opportunity to work together with Daimler, the inventor of the automobile. The vehicle will be marketed under a new brand jointly created and owned by Daimler and BYD.
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