 "trucks, commercial vehicle")
Daimler's Chinese truck venture partner Beiqi Foton Motor aims to sell 200,000 new energy commercial vehicles a year by 2025, its chairman said on Saturday.
Beijing-based Foton, a BAIC Group unit, will develop electric, hydrogen fuel cell and gasoline-electric trucks and vans, Zhang Xiyong told a conference on Saturday.
Foton, which also builds Auman-branded trucks with Daimler, plans to invest 18 billion yuan ($2.6 billion) on research, supply chain and manufacutring facilities for the new energy commercial vehicle project, it said in a statement to Reuters.
In April, Toyota Motor Corp said it would supply fuel cell vehicle parts to Foton in a
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