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Red Sister Log | reminder of important events in the automotive circle on December 14, 2021

Today is Tuesday, December 14. Today's attention: UNI-K iDD media test drive will open. Yesterday's review: BAIC became Daimler's largest shareholder. Today's car morning report, meet with the red sister at seven o'clock in the morning!

Today's attention: UNI-K iDD media test drive will open

Starting today, the Changan UNI-K iDD media test drive will be opened in Zhuhai.

Red Sister Log | reminder of important events in the automotive circle on December 14, 2021

Car Market Red Dot: Let's see how Changan's plug-in hybrid strength is?

Yesterday's review: BAIC became Daimler's largest shareholder

Yesterday, BAIC Group announced that in order to strengthen the long-term strategic cooperation between the two sides, it has held 9.98% of daimler agellate in 2019 by continuing to invest. This shows that the two sides fully recognize the success of long-term cooperation in the past and attach importance to future development.

In addition, Daimler Group holds a 9.55% stake in BAIC Motor and a 2.46% stake in Beiqi Blue Valley, and the cross-shareholding will help the high-quality development and long-term success of the Chinese market.

Red Sister Log | reminder of important events in the automotive circle on December 14, 2021

Previously, in February 2018, Geely Automobile Group announced that it had acquired 9.69% of Daimler AG through its overseas corporate entities, becoming the largest shareholder of Daimler in one fell swoop. After becoming the majority shareholder of Daimler, Geely announced in March 2019 that it will establish a joint venture in China, each holding 50% of the shares, to jointly operate and promote the transformation of the SMART brand on a global scale, build smart into an electric smart car brand, and produce it in a new factory in China, which is expected to start on the market and sell globally in 2022.

Through this increase in holdings, BAIC also surpassed Geely to become Daimler's largest shareholder.

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