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Daimler to expand Mercedes-Benz production in China

By Swati Deshpande,

Added 27 February 2018

Investment of over €1.5 billion

"Local production is a strong pillar of our sustainable development in China. By deepening our cooperation with our local partner BAIC, BBAC will continue playing a key role for Mercedes-Benz in China," said Hubertus Troska, Member of the Board of Management of Daimler AG, responsible for Greater China. "This production capacity expansion for BBAC will allow us to meet the expected growing demand for premium passenger cars in China, including for electric vehicles."

"With over a decade of remarkable achievements, BBAC stands as evidence of the strong collaboration between BAIC and Daimler," said Xu Heyi, Chairman of the BAIC Group. "As a model of Sino-German cooperation, BBAC has set successive benchmarks in terms of technology and quality standards. Going forward, both partners will continue to support BBAC as it provides additional, attractive products, contributing to the development of the Chinese automotive industry."

END