China is the world’s biggest market for New Energy Vehicles – a term the Chinese government uses to designate plug-in EVs and hybrids. Naturally, there are several major automakers committed to contributing to the development of electric mobility in the country. Daimler, for one, has decided to upgrade the Mercedes-Benz factory in Beijing to build electric cars.
Daimler is also in the process of acquiring a minority stake in Beijing Electric Vehicle, which is a subsidiary of the BAIC Group, to enrich their alliance on developing new energy vehicles.
The Beijing facility currently builds Mercedes vehicles powered with petrol engines. Now, with plans to put up a separate line in the facility for electric vehicles, Daimler aims to launch over 10 new electric cars in China by 2022.