Daimler to start new R&D center in China to speed up localization

by SpeedLux
Daimler logo

German automaker Daimler AG stated on Wednesday it prepares to invest 1.1 billion yuan ($158.23 million) in a second research and development center located in Beijing to help speed up localization of Mercedes-Benz vehicle models in the country.

Daimler stated the new tech center will be located close to Daimler’s engine and vehicle assembly hub in China’s capital and is anticipated to start operations in 2020.

China, the world’s biggest auto market, is Daimler’s single largest market worldwide. The company’s current tech center in Beijing was established in 2014.

“We remain positive for additional growth opportunities in China… and will continue with our investment here,” stated Hubertus Troska, Daimler’s chief for greater China operations.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

SpeedLux

SpeedLux is a high-authority automotive blog providing the latest automotive news and reviews. SpeedLux covers everything related to cars, bikes, and motorcycles, from news and reviews, to troubleshooting guides, tips and tricks, and more. SpeedLux was born in 2009 and we have over 20,000 articles published on our blog. We thank all our readers, as well as our partners, without whom we could not have reached this level.

Subscribe

©2009 – 2024 SpeedLux – Daily Automotive News and Reviews. All Right Reserved.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More