Mercedes-Benz has agreed to collaborate with Build Your Dreams (BYD) to develop electric vehicles intended for the Chinese market. BYD is starting to get quite a reputation for electric vehicle technologies.
Before BYD made cars, it had produced batteries. Mercedes-Benz is believed to be eager to gain local knowledge in China. Under the agreement struck between Mercedes-Benz parent Daimler and BYD, the two firms will create a new brand to sell a vehicle designed for the Chinese market.
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