Daimler AG, parent company of Mercedes-Benz, has announced a tie-up with BYD (Build Your Dreams) Company Ltd, parent company of BYD Auto, to develop, build and market electric vehicles for the Chinese market. As part of the collaboration, the two companies will create a new brand to be marketed exclusively to the Chinese car market. A technology centre …Read More

Berjaya Corporation Bhd has signed a memorandum of understanding (MOU) with BYD Auto Company Ltd, China’s fourth largest automaker by volume, to set up a manufacturing plant in Malaysia, which would eventually be used as a regional hub for the manufacture, assembly and distribution of cars targeted at right-hand drive passenger markets. With the …Read More