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Tag Archives: BBAC

Daimler, BAIC will jointly invest five billion RMB in electric vehicles in China

Xu Heyi, Vorstandsvorsitzender der BAIC Group (links) und Hubertus Troska, Vorstandsmitglied der Daimler AG (rechts) unterzeichnen Rahmenvereinbarung. Quelle: Bundesregierung / Guido Bergmann  //  Xu Heyi, Chairman of the BAIC Group (left) and Hubertus Troska, Member of the Board of Management of Daimler AG (right) sign framework agreement. Source: Bundesregierung / Guido Bergman

Daimler and BAIC Motor have agreed to jointly invest five billion RMB for Battery Electric Vehicles (BEVs) and battery localization at Sino-German joint venture BBAC. In the presence of German Chancellor Dr. Angela Merkel and Chinese President Xi Jinping, both company partners announced a framework agreement to further deepen cooperation …

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HARMAN expands connected car business in China, signs new contracts


HARMAN International has signed new contracts with Great Wall Motors, GAC Group and SAIC-GM-Wuling Motors for expanded connected car and in-car audio business in China. The contracts are valued in excess of US$600M.  The contracts with Great Wall Motors and GAC Group are extensions of HARMAN’s multi-year agreements with the …

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