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Daimler says in talks with Didi, others for potential cooperation
April 19, 2017 / 4:06 AM / 5 months ago

Daimler says in talks with Didi, others for potential cooperation

Women hold translation equipment during a Daimler's event ahead of the Shanghai Autoshow in Shanghai, China April 18, 2017. REUTERS/Aly Song

SHANGHAI (Reuters) - Daimler AG (DAIGn.DE) is in talks with local Chinese ride-hailing firms including Didi Chuxing to discuss potential cooperation deals, board member Hubertus Troska said on Wednesday.

“We are talking to the leading players including Didi about how we may develop something,” Troska, Daimler’s board member with responsibility for Greater China, told journalists gathered at the Shanghai Motor Show.

“All talks are at an early stage,” spokeswoman Simonette Illi later added.

The German carmaker regularly meets with all of the leading providers of mobility services in China, including Didi, Daimler further said.

Separately, Daimler Chief Executive Dieter Zetsche said he sees further potential for expanding production in China by continuing to work with joint-venture partner BAIC Motor Corp Ltd (1958.HK).

“We see no limiting factors regarding continued expansion with this partner,” Zetsche said in response to a question about whether Daimler was exploring further partnerships like rival Audi.

Reporting by Edward Taylor; Editing by Christopher Cushing

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