Classification: JV UPDATE
Meant to be: BYD and Toyota to establish China BEV R&D JV in 2020 [2019-11-12]

TOYOTA CITY – BYD Co., Ltd. and Toyota Motor Corp. jointly announced on November 7 that they have signed an agreement to establish a 50:50 joint venture for the research and development of battery electric vehicles (BEVs).

BJEV ARCFOX (and others): "made" by Magna in Zhenjiang [2019-07-25]

ZHENJIANG, Jiangsu – Magna’s first investment in a complete vehicle manufacturing facility outside Europe took another step forward on July 24 when the world’

Volkswagen's e-mobility offensive in China charges ahead with establishment of CAMS JV [2019-07-22]

CHANGZHOU, Jiangsu – Volkswagen Group’s electrification offensive in China took another key step on July 11 when the company announced the official establishment of CAMS New Energy Technology Co., Ltd.

Renault first foreign automaker to control a Chinese vehicle JV after ¥1 billion investment in JMEV [2019-07-19]

BOULOGNE-BILLANCOURT, France – Groupe Renault has become the first traditional foreign automaker to take majority control of a Chinese vehicle joint venture after the French automaker announced a ¥1 billion investment into JMEV, previously an electric vehicle subsidiary of now partner Jiangling Motors Corp.

FAW-Audi Sales Co. receives approval from Chinese market regulator SAMR [2019-06-20]

BEIJING – FAW-Audi Sales Co., one of the two new entities Audi and Chinese partner FAW Group plan to form in China, has received approval from the State Administration of Market Regulation (SAMR).

Geely Auto and LG Chem ink deal to establish $188 million battery JV in China [2019-06-14]

NINGBO, Zhejiang – Shanghai Maple Guorun, an indirect 99 percent owned subsidiary of Geely Automobile Holdings, the listed arm of Geely Auto, signed a deal with South Korea’

The9 to bring production of FF 91 at JV with Faraday Future to Hohhot after MOU signing [2019-06-14]

SHANGHAI – Chinese internet company The9 Ltd., which has a joint venture with California-based smart EV startup Faraday Future (FF), signed a non-binding Memorandum of Understanding on Strategic Cooperation with the Development Office of the Hohhot Shaerqin Industrial Zone on June 10, paving the way for the JV to bring production of the FF 91 smart EV in the Hohhot Shaerqin Industrial Zone.

SEAT signs new agreement to strengthen China entry strategy, Volkswagen to set up Smart City project in Hefei [2019-05-28]

MARTORELL, Spain – The return of SEAT to the Chinese market took another major step on May 27 when the Spanish brand, Volkswagen Group China and JAC signed an agreement that enables further progress in its market entry planned in 2-3 years.

Dongfeng-Honda completes construction of third plant in Wuhan, capacity increases to 600,000 units [2019-04-23]

WUHAN – Dongfeng Honda Automobile Co., Ltd. held an opening ceremony here on April 12 to commemorate the completion of construction of its third automobile plan.

BAIC Motor and Daimler to inject nearly $900 million into Beijing-Benz as EQC nears SOP [2019-04-02]

BEIJING – BAIC Motor, the Hong Kong-listed subsidiary of BAIC Group, said in a statement on March 26 that it and partner Daimler AG will inject $892.

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