Posts Tagged beijing

Daimler, BAIC Finalize Deal To Produce EVs At Mercedes Factory In Beijing

Daimler announced a strengthening of strategic collaboration with BAIC in New Energy Vehicles (all-electric and plug-in hybrid) in China. Both partners already have an established previous joint venture Beijing Benz Automotive Co., Ltd. (BBAC) since 2005. According to Reuters, Daimler and BAIC have agreed to jointly invest 5 billion yuan ($735 million) in…

1 month ago by Mark Kane 0

LeEco Breaks Ground On $3 Billion Factory In China

We have seen many reports that Faraday Future (of whom recently debuted its 378 mile supercar in Las Vegas) may be in trouble. Production is currently halted on its Las Vegas factory, reportedly due to the fact that the company is behind on bills. This hasn’t stopped Faraday’s parent company,…

10 months ago by Steven Loveday 19

Plug-In Electric Car Sales On The Rise In Beijing

Electric car sales in Beijing are surging like in the whole of China. The largest player in the Chinese capital is BAIC, which noted 66% of all 6,223 sales in Beijing so far this year through June. In six months, sales far exceeded the 5,510 units sold in Beijing in…

2 years ago by Mark Kane 4