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BRIEF-Daimler and BAIC invest in localization of battery electric vehicles in China
July 5, 2017 / 10:39 AM / a month ago

BRIEF-Daimler and BAIC invest in localization of battery electric vehicles in China

July 5 (Reuters) - DAIMLER AG:

* DAIMLER AND BAIC JOINTLY INVEST IN THE LOCALIZATION OF BATTERY ELECTRIC VEHICLES IN CHINA

* TWO COMPANIES PLEDGED TO JOINTLY INVEST A TOTAL OF FIVE BILLION RMB (ABOUT 655 MILLION EUROS) IN PRODUCTION OF BATTERY ELECTRIC VEHICLES Source text - bit.ly/2sphuZL Further company coverage: (Gdynia Newsroom)

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