BEIJING, April 25 (Reuters) - Mercedes Benz's
China chief said on Thursday the company would continue to
invest in tie-ups with Chinese partners like internet firm Baidu ( BIDU )
, noting China was crucial to its global strategy.
China was "the most dynamic new energy vehicle market",
Hubertus Troska said at a press conference on the opening day of
the Beijing autoshow that was also attended by Baidu ( BIDU ) CEO Robin
Li.
Mercedes sales chief, Duan Jianjun, told the same event that
they had brought a number of electric models to the show and
that the German automaker hoped this would put to rest "rumours"
that the company had given up on electrification.
The executives also said Mercedes would launch the electric
G-class in China this year.
In February, Mercedes pushed back some of its sales goals
for electrified vehicles by five years and assured investors it
would keep sprucing up its combustion-engine models.
It is among foreign automakers scrambling to reset their
strategies in the world's auto market as local rivals
aggressively roll out new mass-market and luxury EVs at a fast
pace. In the first quarter, Mercedes' first-quarter sales in
China fell 12%.