Market Views

All-electric DENZA Car Eligible for Local Subsidy in China

Daimler AG, a German multinational automotive corporation said that its electric car DENZA will be eligible for local subsidies in China when it goes on sale there in September this year. The car will be priced at $60,000 (369,000 renminbi). DENZA which a domestic Chinese brand is jointly developed with Chinese partner BYD, forms part […]

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