Tag Archives: BAIC

Magna, BAIC Group and Zhenjiang Government form EV JV

This joint venture, to be controlled by an affiliate of the BAIC Group, represents Magna’s first investment in a complete vehicle manufacturing facility outside Europe. It will combine Magna’s unique complete vehicle engineering and manufacturing expertise and BAIC’s local manufacturing, marketing and distribution footprint to support electric mobility in China. The facility has the capacity of up to 180,000 vehicles per year. Continue reading

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Daimler at China Development Forum – Pure Money, Politics

In China, through its government-dictated cooperation with local partners, China continued to be the largest individual sales market globally for Mercedes-Benz Cars in 2016. Continue reading

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