Daimler to open new R&D center in China to accelerate localization

November 14, 2018 admin Business News Comments Off on Daimler to open new R&D center in China to accelerate localization

German automaker Daimler AG said on Wednesday it plans to invest 1.1 billion yuan ($158.23 million) in a second research and development center in Beijing to help accelerate localization of Mercedes-Benz vehicle models in China.

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Source:: Reuters – Business News