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Hyundai Motor is in talks with the Chinese government for selling one of its factory sites in Beijing according to news agency Yonhap. The report said the automaker is promoting
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Chinese automaker BAIC BluePark New Energy Technology, a subsidiary of BAIC Group, seeks broader and open cooperation with other companies in the rising new energy vehicle (NEV) industry, according to
Chinese automaker BAIC Motor and transportation company Didi Chuxing plan to collaborate with other industry players to lease BAIC’s cars to customers as new car sales have declined. The companies, which have a joint venture
Daimler AG has boosted the prospect of increasing its stake in a joint venture with Chinese partner BAIC Motor, Bloomberg reported on Tuesday, mentioning people knowledgeable with the matter. Daimler
Canadian auto parts provider Magna International stated on Monday it would set up two joint ventures with Beijing Electric Vehicle for constructing electric cars in China. The ventures are anticipated
Daimler and its Chinese partner BAIC plan to invest nearly $2 billion in a cutting edge factory in China, highlighting their relationship as competing Geely makes a surprise swoop on
Daimler plans to invest 5 billion yuan ($755 million) in China, with its Chinese joint-venture partner, for capability to produce electric cars and the batteries that power them – part
South Korean automaker Hyundai Motor stated on Friday it will carry on its Chinese joint venture with BAIC Motor, brushing off investor concerns about soured relationships between the partners. China’s
Chinese company Baidu announced 2 different partnership deals with leading German suppliers Robert Bosch and Continental AG to co-develop the self-driving technology and smart mobility services. The two deals underscore
The China joint venture of Hyundai Motor is dealing with extreme difficulties due to a complex political, financial and competitive environment, its chairman stated on Wednesday, admidst of a political
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