Classification: JV UPDATE
Daimler gets NDRC approval for minority stake in BJEV [2018-03-19]

UPDATE: Daimler said in a statement on March 8 that it had officially become a 3.93 percent shareholder in BJEV.

DFL aims to increase annual sales to 2.6 million by 2022 in "Tripple One" midterm plan [2018-03-19]

BEIJING – Dongfeng Motor Co., Ltd. (DFL) released its new midterm plan on February 5 that aims to increase annual vehicle sales to 2.

Continental-CITC JV looks to become global top three 48V battery systems supplier by 2025 [2018-03-19]

SHANGHAI – Continental and Chinese automotive supplier and battery manufacturer Sichuan Chengfei Integration Technology Co., Ltd.

Audi and FAW sign MOUs to create new sales and mobility services companies in China [2018-03-19]

GENEVA – Audi’s planned two-partner strategy in China took another step forward on March 7 when it and partner FAW Group signed memoranda of understanding here on the sidelines of the Geneva Motor Show for the creation of two new companies for sales as well as mobility and digital services.

Never say never: BMW and Great Wall to form JV in China to produce MINI electric vehicles [2018-02-28]

BEIJING – BMW Group and Great Wall Motor Co., Ltd. signed a letter of intent on February 23 in Beijing to form a joint venture in China to exclusively produce MINI electric vehicles, the companies said in separate statements.

BAIC and Daimler to invest ¥11.9 billion to expand capacity at BBAC for EQ production [2018-02-28]

BEIJING – BAIC Motor Co., Ltd., the Hong Kong-listed subsidiary of BAIC Group, said in a statement on February 23 that it and partner Daimler AG plan to co-invest more than ¥11.

Geely and VIA Motors to co-develop electric trucks for launch in China and Americas in 2019 [2018-02-22]

OREM, Utah – Geely New Energy Vehicle Co., Ltd., a subsidiary of Geely Commercial Vehicle Group under Geely Holding Group, has completed an exclusive agreement with VIA Motors International Inc.

Daimler gets NDRC approval for minority stake in BJEV [2018-02-28]

BEIJING – Daimler AG has received approval from the National Development and Reform Commission (NDRC) for its planned minority interest in Beijing Electric Vehicle Co., Ltd.

Yao Zhenhua's dream: Baoneng Group looks to expand into the auto industry with Qoros stake [2018-02-13]

SHENZHEN – Yao Zhenhua, as chairman of Baoneng Group, aims to set up a whole industry chain through Baoneng Group being one of the three shareholders of Qoros Automobile Co., Ltd.

Baoneng Group confirmed as new strategic investor of Qoros [2017-12-22]

SINGAPORE – China’s Baoneng Group, a modern conglomerate with businesses covering property development, science & technology parks, modern logistics, comprehensive finance and medical health, has been confirmed as the new strategic investor for Qoros Automobile Co., Ltd.