Daimler, BAIC agree to develop electric cars in China, according to German government

Daimler will sign a memorandum of comprehending with China’s BAIC Motor about producing a Mercedes-Benz electric vehicle, German government files showed on Thursday.

Daimler’s China chief Hubertus Troska and BAIC Group’s Xu Heyi will formally agree to update production centers in Beijing to permit German high-end brand Mercedes-Benz to present an electric car in China, the agenda to a signing ceremony in Berlin revealed.

Daimler presently has a factory in Beijing together with joint venture partner Beijing-Benz Automotive where it develops Mercedes-Benz cars powered with traditional combustion engines.

The agenda to the Germany-China summit likewise revealed that Volkswagen is due to sign an agreement with Anhui Jianghuai about production, research and development of electrical automobiles in China.