BEIJING, Apr 20 (Reuters) : Daimler said its DENZA electric car will be eligible for local subsidies in China when it goes on sale there in September priced at 369,000 renminbi ($60,000).
DENZA, a local Chinese brand jointly developed with Chinese partner BYD, forms part of the German auto maker's push to expand its footprint in the world's largest car market, and to boost economies of scale for electric cars.
Speaking at Auto China, the car show held in Beijing on Sunday, Thomas Weber, Daimler's head of research and development, said: "DENZA is the first complete vehicle that Daimler has developed together with BYD outside of Germany."
The 5-seater car will be produced by Shenzen BYD Daimler New Technology Co. Ltd, and will have an operating range of 300 km (190 miles), Daimler said. It said the average daily driving distance in China is 50 to 80 km a day, so customers will only have to charge the car twice a week.
Rapid economic growth and urbanisation have turned China into the world's biggest emitter of greenhouse gases, resulting in polluted cities and prompting the government to seek ways to promote low-emission vehicles in an effort to cut back smog.
Daimler to sell DENZA electric car in China with local subsidy
FE Team | Published: April 21, 2014 00:00:00 | Updated: November 30, 2026 06:01:00
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