All BBAC articles

  • Daimler-and-BAIC-jointly-invest-in-the-localization-of-battery-electric-vehicles-in-China_opt
    Article

    Daimler and BAIC to invest $735m in electric vehicle production in China

    2017-07-11T17:15:43Z

    Daimler and its Chinese partner, BAIC, have agreed to invest 5 billion yuan ($735m) in their local production joint venture, Beijing Benz Automotive Company (BBAC), as they prepare it for electric vehicle production from 2020.The investment will include construction of a battery factory in Beijing – the first the German ...