If true, the order made by the Chinese government for 100,000 electric vehicles manufactured by the Daimler-BYD joint venture will surely become the biggest such contract for electric vehicles signed to date. And, according to sources cited by es.autoblog.com, it is as true as it gets.
Apparently, the Chinese government will be the biggest customer for the joint-ventures future electric vehicle. China expects the huge order to be honored by 2012, but the financial terms of the deal have not yet been disclosed.
The huge order for EVs is likely to put the smile back on BYD execs' faces, after earlier this week they were forced to announce a decrease of the target for 2010.
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