As revealed in an earlier post of SAM Daily Times, luxury cars market is expanding in China. Most of wealthy own between a minimum of two to five luxury cars.
For a sales price of just over 20,000 euros it will be ready for presentation at the Beijing Motor Show in the spring of 2012.
It was unexpected for Mercedes to miss this business opportunity. See how Mercedes works.
Car itself would have Chinese suitable structure being relatively narrow, and high, so as to be able to navigate narrow city streets with ease. Car will be operating exclusively on electricity. The joint venture of electric car is named "Shenzhen BYD Daimler New Technology Co. Ltd.”
The first ever Sino-German car is being launched in China by Daimler, but won't be a Mercedes brand (Mercedes-Benz is a division of its parent company, Daimler AG - whose top vehicle brand is Mercedes) .
As a foreign business, Daimler had to pick Chinese partner. BYD (Build Your Dreams) one of China’s fastest growing companies and the world’s largest producer of batteries became their first choice.
As a foreign business, Daimler had to pick Chinese partner. BYD (Build Your Dreams) one of China’s fastest growing companies and the world’s largest producer of batteries became their first choice.
Car itself would have Chinese suitable structure being relatively narrow, and high, so as to be able to navigate narrow city streets with ease. Car will be operating exclusively on electricity. The joint venture of electric car is named "Shenzhen BYD Daimler New Technology Co. Ltd.”
For a sales price of just over 20,000 euros it will be ready for presentation at the Beijing Motor Show in the spring of 2012.
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