Mercedes Benz's China chief said on Thursday the company would continue to invest in tie-ups with Chinese partners like internet firm Baidu , noting China was crucial to its global strategy. China was "the most dynamic new energy vehicle market", Hubertus Troska said at a press conference on the opening day of the Beijing autoshow that was also attended by Baidu CEO Robin Li. Mercedes sales chief, Duan Jianjun, told the same event that they had brought a number of electric models to the show and that the German automaker hoped this would put to rest "rumours" that the company had given up on electrification.
BEIJING (Reuters) -Mercedes Benz's China chief said on Thursday the company would continue to invest in tie-ups with Chinese partners like internet firm Baidu, noting China was crucial to its global strategy. China was "the most dynamic new energy vehicle market", Hubertus Troska said at a press conference on the opening day of the Beijing autoshow that was also attended by Baidu CEO Robin Li. Mercedes sales chief, Duan Jianjun, told the same event that they had brought a number of electric models to the show and that the German automaker hoped this would put to rest "rumours" that the company had given up on electrification.
Baidu Inc. (BIDU) closed at $96.78 in the latest trading session, marking a +1.82% move from the prior day.