It looks like Chinese company BYD, or Build Your Dreams for short, is doing the dirty work, while Daimler is handling cosmetics for this "new" electric vehicle. The car will be using BYD's lithium-ion battery technology and its motor design.
If the model looks familiar, it's because they basically ripped off the look from the Mercedes B-Class. Considering the model won't be seen outside of China, why not? According to the BYD source, the vehicle will be fully developed in 2012 and is set to be released to the public in 2013. [via LeftLane]