March 2010
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Archive for March 4th, 2010

Daimler makes electric cars for China in partnership with BYD

Thursday, March 4th, 2010

MercedesThe luxury German car manufacturer Daimler plans to develop cars powered by electric to be sold in China, together with the company’s batteries BYD. The Agency notes that this transaction highlights the dependence of the maker of Mercedes-Benz from outside companies through the development of cars with zero emissions of carbon dioxide. The new Union of Germany’s continued “fashion” among European cars producers in recent years dealt with the developers of rechargeable batteries in order to gain market share increasing of low-emission vehicles. Earlier years the Japanese Toyota, Nissan and Mitsubishi Motos, also enter into joint factories with Panasonic, NEC and GS Yuasa Corp, which required them gave rechargeable batteries. The share of BYD on the Hong Kong stock exchange and investment guru Warren Buffett. The company is developing and selling batteries for Finland’s Nokia and U.S. Motorla. The company will provide know-how on building of rechargeable batteries, while Daimler will share experience in development of electric cars
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