BMW Group extends joint venture contract in China until 2040
Green Car Congress
FEBRUARY 14, 2022
The corresponding amendment to the contract comes into force with the new “business licence”, which BBA received today from the relevant Chinese authorities. BMW Group now holds 75% of the shares in BBA, while its Chinese partner, Brilliance China Automotive Holdings Ltd. CBA), indirectly holds the remaining 25%. BMW iX in Shanghai.
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