FRANKFURT -- Daimler and its Chinese joint-venture partner BAIC Motor Corp. have agreed to jointly invest 5 billion yuan ($735 million) in electric-vehicle production in China by 2020 and to provide the infrastructure needed.
NM
By:
Niamh Melvin
July 05, 2017 05:00 AM
Featured Stories
Tariff costs, policy uncertainty prevent suppliers from investing in the U.S., MEMA says
Suppliers have become more pessimistic about their financial outlooks and how globally competitive they are since tariffs have gone into place, MEMA data shows.
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