(Repeats to attach to corrected alerts)
By Jake Spring
BEIJING, June 1 (Reuters) - German automaker Daimler said on Thursday it will become a minority shareholder in its Chinese joint venture partner Beijing Automotive Group’s (BAIC Group) electric vehicle subsidiary.
Daimler, which makes Mercedes-Benz brand cars, will also upgrade current JV production facilities with BAIC to produce new energy vehicles.
Reporting by Jake Spring; editing by Nick Macfie