All Daimler articles – Page 3
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Daimler and BAIC to invest $735m in electric vehicle production in China
Daimler and its Chinese partner, BAIC, have agreed to invest 5 billion yuan ($735m) in their local production joint venture, Beijing Benz Automotive Company (BBAC), as they prepare it for electric vehicle production from 2020.The investment will include construction of a battery factory in Beijing – the first the German ...
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Daimler tests blockchain technology in loan issue
Daimler and German bank Landesbank Baden-Württemberg (LBBW) have teamed up on a project using blockchain technology for a €100m loan transaction.The entire deal for the one-year corporate Schuldschein (a loan agreement unique to the German market) was digitally carried out using the distributed digital ledger technology. This includes the origination, ...
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Daimler agrees to buy share in BAIC's Chinese electric vehicle subsidiary
Daimler has signed a framework agreement with its partner BAIC to work together on the development and manufacture of electric vehicles in China, as part of which the German carmaker will take a minority interest in BAIC's subsidiary, Beijing Electric Vehicle Company (BJEV).The agreement also involves investment in the production ...
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DICV exports 10,000th truck from India
Daimler India Commercial Vehicles (DICV), part of Daimler Trucks Asia, has exported its 10,000th truck from the port of Karmarajar, near Chennai, on an MOL vessel. The vehicle in question was a 40-ton heavy-duty tractor destined for Indonesia and was part of a consignment of 250 trucks on the way ...
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Daimler signs major service contract with Demag
Daimler has recently signed a major service contract with equipment supplier Demag for the maintenance of lineside lifting equipment at four of its plants in Germany.Demag, which became part of Konecranes Group last year, will inspect and maintain more than 10,000 cranes and hoists, along with more than 23,000 load ...
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Daimler breaks ground on new battery factory
Daimler has held the groundbreaking ceremony for a new €500m ($559m) battery factory in Kamenz, Germany as the company targets the inclusion of more than 10 all-electric passenger cars in its portfolio by 2022.“The automotive industry is facing a fundamental transformation and we see ourselves as the driving force behind ...
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Changes in supply chain leadership at Daimler India
Daimler’s commercial vehicle division in India, Daimler India Commercial Vehicles (DICV), has announced a number of senior level executive changes including the appointment of a new vice-president of supply chain management and logistics.Ralf Mungenast (pictured), previously head of supply chain planning at Mercedes-Benz Cars, headquartered in Germany, has taken up ...
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Valmet to produce next generation of Mercedes-Benz compacts
Daimler has confirmed that the next generation of it’s compact A-class model will continue to be produced by contract manufacturer Valmet in Finland.The current generation of the A-Class has been produced at the plant in Uusikaupunki since 2013 and in February production of the Mercedes-Benz GLC SUV began there.Daimler has ...
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Daimler to start production at first Russian plant in 2019
Having received preliminary approval for its first Russian production facility last year, Daimler has confirmed an investment of more than €250m ($263m) to begin manufacturing Mercedes-Benz cars in the country from 2019.Located at the Esipovo Industrial Park, about 40km northwest of Moscow, the flexible production facility will be capable of ...
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Major brands reveal plans for electric truck trials
MAN Truck & Bus and Mercedes-Benz Trucks have announced plans to allow customers to trial their respective electric trucks in real world situations, starting this year.MAN Truck & Bus, which is owned by Volkswagen Group, and an Austrian consortium, the Council for Sustainable Logistics (CNL), have reached agreement on the ...
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BLG begins parts handling at Düsseldorf logistics centre
[Updated 6th May] Germany’s BLG Logistics has begun parts handling operations at its new facility at the port of Düsseldorf. The company is currently using 10,000 sq.m of a 32,000 sq.m building to provide logistics services and sub-assembly for Daimler. Its services there include vehicle marshalling, loading and unloading of ...
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Daimler Trucks begins Fuso assembly in Kenya
Daimler Trucks Asia has begun assembly of its Fuso range of commercial vehicles at a plant in Mombasa, Kenya, with its local partners Simba Colt and Associated Vehicle Assemblers. The Fuso 2523C heavy-duty trucks are being built up from complete knockdown (CKD) kits imported from its Oragadam plant in Chennai, ...
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