01:49

Mercedes-Benz upgrades R&D center in Shanghai

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STORY: Mercedes-Benz upgrades R&D center in Shanghai
SHOOTING TIME: April 19, 2024
DATELINE: April 22, 2024
LENGTH: 00:01:49
LOCATION: SHANGHAI, China
CATEGORY: ECONOMY

SHOTLIST:
1. various of Mercedes-Benz R&D center in Shanghai
2. SOUNDBITE 1 (English): HUBERTUS TROSKA, Member of the Board of Management of Mercedes-Benz Group AG
3. various of Mercedes-Benz vehicles
4. SOUNDBITE 2 (English): HUBERTUS TROSKA, Member of the Board of Management of Mercedes-Benz Group AG

STORYLINE:

Mercedes-Benz has inaugurated a new building in Shanghai, upgrading its R&D center in the city with an investment of 69 million yuan (about 9.71 million U.S. dollars).

The center comprises innovative spaces, testing labs, and workshops.

It enables efficient software and hardware development, comprehensive environment simulation, and testing of End-to-End, OTA, and V2X functions.

SOUNDBITE 1 (English): HUBERTUS TROSKA, Member of the Board of Management of Mercedes-Benz Group AG
"Mercedes-Benz is very confident about China, both the economy and the market. This is the biggest and fastest-growing market in the world, and we've been here for many years. The relations with China are super important. The German economy and the Chinese economy are great trade partners."

According to the group, its Shanghai R&D center is the fastest-growing team in the Mercedes-Benz global network.

SOUNDBITE 2 (English): HUBERTUS TROSKA, Member of the Board of Management of Mercedes-Benz Group AG
"This is the fastest-growing R&D team in the entire Mercedes-Benz world.  We invested in China more than 10.5 billion RMB (about 1.45 billion U.S. dollars) just in R&D in the last 5 years, and we'll continue to invest in China because we believe in the future of this market.
In the biggest and most important car market of the world, we want to tap into the potential of talents and partners. Shanghai is known for innovation. This is an excellent opportunity, and this is why the center is so important. Not only from a China perspective, this new Shanghai R&D center will also have a crucial role in our global business."

Xinhua News Agency correspondents reporting from Shanghai, China.
(XHTV)

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