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BYD, Daimler to Develop Electric Cars for Chinese Market

Vale Talks with Striking Sudbury Union to Continue

BEIJING, Mar. 3 -- Chinese electric car maker BYD Co Ltd&lt;1211&gt; and Germany's Daimler AG yesterday signed a memorandum of understanding to develop electric vehicles for China, the world's largest auto market, the companies said in a statement.
&quot;China has the potential to be among the world's largest markets for zero-emission vehicles,&quot; according to the statement.
Pursuant to the MOU, the two companies will develop a new electric car that meets Chinese market's requirements and will jointly create a new brand for the car. They also agreed to set up a common technology center in China to develop, design and test this electric vehicle.
&quot;With this technology partnership, we have created a win-win business model with complementary competencies,&quot; said Wang Chuanfu, BYD's chairman and president.
Shenzhen-based BYD, one of the fastest-growing Chinese auto makers, aims to sell 800,000 units in 2010.
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Minmetals Tightens up Non-ferrous Operations

BYD, Daimler to Develop Electric Cars for Chinese Market_SMM | Shanghai Nonferrous Metals

Exclusive: China's base metals output in June

2020 China Stainless Steel Forum: China’s nickel ore imports from the Philippines to drop 20.4% in 2020

SMM Morning Comments (Jul 13): Base metals mostly higher; Shanghai copper soared nearly 5% on mine supply concerns 

SMM Hot News—China Metal Special Report—SMM Metals Conferences: Key Takeaways

Distribution of Chinese Smelters 