Shanghai December 31 (Gasgoo.com) Beiqi Foton Motor Co Ltd (600166, SH), the world's biggest commercial vehicle maker by sales last year, announced recently its 2020 vision: to form five pillar industries, including new energy vehicles, new energy, heavy machinery, the Internet of things and financial services, auto.sina.com reported Friday.

Although its luxury unit Mercedes-Benz has started developing electric vehicles with BYD Auto for China’s market, Daimler still sticks to the batteries’ independent R&D and production.