Classification: JV UPDATE
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.

Smart move? Geely and Daimler create 50:50 JV to recreate smart [2019-03-29]

HANGZHOU – Rumors eventually become reality, and for Geely Holding Group and Daimler AG, it’

Coming home? Faraday Future signs new JV agreement with The9 Limited to bring smart EV production to China [2019-04-18]

LOS ANGELES – After deciding to sell its 900-acre parcel located in North Las Vegas, Nevada and its headquarters in Los Angeles to optimize its business and reduce non-core assets in early March, Faraday Future (FF), announced on March 24 that it has signed a joint venture agreement with The9 Limited (The9), an established China-based Internet company, to manufacture, market, distribute and sell luxury intelligent electric vehicles in China.

Volkswagen Brand China and FAW-Volkswagen establish ¥1 billion JV for connected services [2019-03-21]

CHENGDU – Volkswagen Brand China said in a statement on March 19 that it and its Chinese joint venture FAW-Volkswagen have created a new joint venture to scale up their cooperation in the area of digitalization and connectivity.

Mazda acquires Ford stake in China engine JV [2019-01-31]

NANJING – Mazda said in a statement on January 30 that it has purchased in full Ford Motor Co.’

Brilliance China approves BMW's 25 percent share increase in BBA [2019-01-23]

HONG KONG – BMW Group said in a statement on January 18 that partner Brilliance China Automotive Holdings Ltd.

Kenon to sell half of remaining 24 percent stake in Qoros to Baoneng for ¥1.56 billion [2019-02-02]

SINGAPORE – Kenon Holdings Ltd., together with its wholly-owned subsidiary Quantum (2007) LLC, said in a statement on January 8 that it plans to sell half of its remaining 24 percent stake in Qoros Automotive Co., Ltd.

BAIC BJEV and Magna inaugurate tech JV in Zhenjiang, break ground for NEV test center [2019-01-18]

ZHENJIANG, Jiangsu – Beijing Electric Vehicle Co., Ltd. (BAIC BJEV) and Magna opened their technology joint venture –

Geely Auto and CATL form JV to produce NEV batteries [2018-12-28]

HANGZHOU, Zhejiang – Geely Automobile Holdings (Geely Auto) and Contemporary Amperex Technology (CATL) announced on December 20 that they have reached agreement to form a joint venture company to produce and develop vehicle batteries for new energy vehicles.

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