Mexican Media Brands
Report: Daimler in Talks to Make EVs in China
Daimler AG is in discussions with Beijing Electric Vehicle Co. to make an all-electric version of the German company’s Smart brand ForTwo minicar, sources tell Bloomberg News.
#hybrid
Share
Daimler AG is in discussions with Beijing Electric Vehicle Co. to make an all-electric version of the German company’s Smart brand ForTwo minicar, sources tell Bloomberg News.
Beijing Electric, also known as BJEV, is a unit of Beijing Automotive Group Co., which has partnered with Daimler to build Mercedes-Benz cars in China since 2005. Bloomberg says Daimler and BJEV would launch a new EV-making joint venture.
Daimler acquired a 4% stake in BJEV in March to help it understand the needs of Chinese consumers. It isn’t clear how much equity Daimler would want in the new joint venture. Starting this year, China will allow foreign carmakers to launch wholly owned EV-making operations in the country.
Daimler currently imports German-built piston-powered Smart cars in China. The company also has partnered with China’s BYD Co. to make all-electric cars under the Denza brand.
RELATED CONTENT
-
FCA Opens the Door to The Future
FCA introduced a high-tech concept vehicle today, the Chrysler Portal, at the event previously known as the “Consumer Electronics Show,” now simply CES.
-
Aluminum Sheet for EV Battery Enclosure
As the number of electric vehicles (EVs) is about to increase almost exponentially, aluminum supplier Novelis is preparing to provide customers with protective solutions
-
Startup Readies Solar-Powered EV
Germany’s Sono Motors GmbH says it has received 5,000 orders for its upcoming Sion electric car, which can be partially recharged by it attached solar panels.