Daimler and BAIC investing $735M for BEVs and batteries at their JV BBAC; production by 2020

Green Car Congress
By mmillikinJul 5, 2017, 9:20 am91 pts
Daimler and BAIC are deepening their cooperation on battery-electric vehicles at their Sino-German production joint venture Beijing Benz Automotive Co., Ltd. (BBAC). The two companies pledged jointly to invest a total of five billion RMB (about US$735 million) in the production of battery electric vehicles…

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