Daimler to bring BYD electric vehicle battery technology research and development

Daimler BYD jointly develop the Chinese market with a brand-new name for electric vehicles, because the two sides and technology battery electric vehicle architecture and the electric drive system, the experience is seamless integration. GW240 

Germany Daimler Motor Company (DaimlerAG) with the Chinese company BYD Auto (BYDCo.) signed an agreement to develop electric vehicles, and new marketing in China. Daimler vehicle in 2009 to become the world’s largest automakers.

The agreement has been in the Daimler and the U.S. electric car company Tesla Motors R & D (TeslaMotorsInc.) are implemented on the basis of agreements signed, as the government began to advocate to reduce dependence on oil and emissions of greenhouse gas emissions, Latitude D500 battery , leading to market vehicles to alternative energy booming.

Select BYD Daimler as a partner because of BYD in 1995, has continued to develop battery technology, and Warren Buffett (WarrenBuffett) ’s investment company Berkshire Hathaway (BerkshireHathawayInc) 08 Nian BYD to buy certain securities, prompting significantly increase the credibility of BYD.

Mercedes-Benz Daimler Motor Company Chairman and Chief Executive (Mercedes-benzCars) Chief Zetsche said Daimler-experience in the electric vehicle architecture and BYD advanced battery technology and power-electric motor system of the Ministry would be a distinguished perfect integration, therefore, both parties will be electric vehicles in China, a huge market growth potential, benefits, and China is the world’s largest market for automobiles.

Both companies said the conditions of electric vehicles in the city to function well.

Daimler recently off the assembly line in an electric version of smart cars will be off the assembly line in 2010, a Mercedes-Benz A-Class full-electric vehicles. Sony VGP-BPS2 

Daimler recently increased from 1.4% to 42.40 euros, the stock has increased by 87% of the total of the previous year.

Tuesday, March 2nd, 2010 at 20:12
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