Daimler looks beyond Tesla with BYD electriccar partnership …

30 Апр 2014 | Author: | Комментарии к записи Daimler looks beyond Tesla with BYD electriccar partnership … отключены
BYD e6 Electric Cars

Daimler looks beyond with BYD electric-car partnership

Toyota stepped in last Daimler was the only major manufacturer to take a stake in startup Tesla Motors a that has now become synonymous next-generation transportation. Now Daimler to work the same magic BYD. the Chinese battery and vehicle maker.

The deal extremely similar to the partnership by Tesla and Toyota last Even though the most version of Tesla s S-1 filing that no official agreement has made between the two companies, of their CEOs aired to build a car in tandem, with providing the unique powertrain and Toyota supplying everything Seemingly following in their Daimler says it will be cars around BYD s powertrains and

While Tesla has a proposed Model S sedan in the works, BYD has an all-electric car of its own, the e6, which has its way into Chinese government so far. The big difference: the e6 is already out and to launch on the consumer market year, while the Model S is to launch in 2012.

For this reason, it seems BYD might be a more stable for Daimler. Not only does BYD a thriving battery business, it has the blessing of American mogul Buffett, who bought a $230 stake in the company. A shrewd he rarely chooses wrong.

In addition to its technology, BYD also manpower to the table. The company boasts 3,000 engineers and has the to hire 10,000 more. It has a low-cost manufacturing infrastructure in which the joint venture be able to take advantage of.

BYD e6 Electric Cars

says it will also be to staff its recently purchased automotive plant with workers prepared to churn out vehicles, but the ramp up will be if it happens at all.

The Daimler-BYD joint venture has government subsidies to look to in China. Already, the government has support for the development of greener and incentives for consumers are believed to be on the


The two companies have yet to announce a for their new brand of cars. says that its potential developed with Toyota probably come out in four to years. As an investor in the company, obviously has an interest in this to fruition.

In the meantime though, it like its hedging its bets a BYD alliance likely to yield results sooner.

BYD e6 Electric Cars
BYD e6 Electric Cars
BYD e6 Electric Cars
BYD e6 Electric Cars
BYD e6 Electric Cars

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