- CATL to plow up to RMB10 billion in Yibin power battery production base
CATL plans to invest no more than RMB10 billion in a battery production base in Yibin, Sichuan province, the Chinese EV battery giant announced on September 26.
Sept. 26 , 2019
- Daimler Trucks & Buses，CATL enter global battery cell modules supply agreement for electric trucks
CATL to supply lithium-ion battery cell modules for wide range of Daimler Trucks & Buses’ global electric trucks set for series production from 2021 onwards.
Sept. 18 , 2019
- Zhejiang Geely pumps money into German flying taxi startup Volocopter
German flying taxi startup Volocopter announced it has raised 50 million euros ($55.13 million) in the first funding of Series C round, which was led by Zhejiang Geely Holding Group (Geely).
Sept. 09 , 2019
- BAIC Group takes 5% stake in Daimler AG for cooperation step-up
Chinese state-owned automaker Beijing Automotive Group Co.,Ltd (BAIC Group) announced on July 23 it has plowed investment in Daimler AG, a Stuttgart-based auto company who owns Mercedes-Benz, to cemen...
July 23 , 2019
- car2go said to shut down in Chongqing
car2go, a Daimler-owned hourly car rental and car sharing service brand, has been pulled out of Chongqing, a major city in southwest China, an employee at car2go China Co., Ltd.’s Chongqing brand to...
May 15 , 2019
- Geely, Daimler names joint venture Weixing Technology
The joint venture between Geely Technology Group, a subsidiary of Zhejiang Geely Holding Group, and Daimler Mobility Services GmbH has been established on May 9, according to the business research pla...
May 14 , 2019
- Daimler and Geely Holding form global joint venture to develop smart
Daimler AG (Daimler) and Zhejiang Geely Holding Group (Geely Holding), the German and Chinese automotive groups, today announced on March 28 the formation of a 50-50 globally focused joint ventu...
Mar. 28 , 2019
- BAIC Motor, Daimler increase registered capital of Beijing Benz with $892.8 million
BAIC Motor, Daimler AG and Daimler Greater China Ltd. (DGRC), agreed on March 26 to make further capital contributions with a total of $892,837,903 based on their respective proportion in the current ...
Mar. 27 , 2019
