Monday, July 19, 2010

BYD-Daimler Electric Vehicle Project Settled in Shenzhen and Huizhou

http://www.gochinaauto.com/modules/news/article.php?storyid=4550&keywords=electric+vehicles

GoChinaAuto.com-Recently, news from Shenzhen showed that BYD-Daimler electric vehicle project will be located in the new energy automotive industry demonstration zone built by Shenzhen and Huizhou together.

Early in March this year, BYD and Daimler in Stuttgart, Germany signed a memorandum of understanding, both parties plan to jointly develop electric vehicles.

On May 27, Daimler and BYD officially signed joint venture agreement in Beijing to establish a joint venture R & D company in China and develop a new generation of electric vehicles to enter China auto market.

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