To work on the world's largest car market, China, a local car manufacturer that specializes make electric cars, BYD Build Your Dreams or, holding a German luxury car manufacturer, Daimler AG. Both companies agreed to conduct technological cooperation to make electric cars.
The deal was pushed by the United States renowned investor, Warren Buffett's Berkshire Hathaway, which owns 10 percent stake in BYD. Both companies plan to create a new brand.
Daimler president Dieter Zetsche explained the purpose of such cooperation. "We're trying to continue to be the leader in electric car industry. Daimler in electric vehicle design and power of BYD in battery technology and e-drive system is a mix, "he said.
The cooperation aims to make electric cars that are specific to the Chinese market. President and founder of BYD, Wang Chuangfu, saying that "This partnership is a win-win business. Each and every company has competence. We are very pleased to work with Daimler as an automotive inventor," he admitted.
For that, Daimler plans to build electric car technology development center in the State Panda is to determine the design, research, and testing. Currently, Daimler has been marketing the electric car, the Smart ForTwo, and the end of this year off Mercedes Benz A-Class electricity.
The German manufacturer also has a small stake in Tesla Motors from the United States. From Tesla, Daimler obtain supplies electric battery applied in the Smart.
He added that electric cars will be produced along with those suitable for use in the city. The number of metropolitan cities in China is very possible the development of zero-emission car. Therefore, both companies agreed to speed up production of electric cars in the country with the largest population in the world.
source: otomotif.kompas.com
