Magna aims to sell EVs in China through JV with BAIC
China EV
JUNE 29, 2018
Magna International is jumping on the China EV band wagon. That announcement proclaimed the agreement was between BAIC and Magna Steyr, the Austria-based contract vehicle manufacturer that is part of Magna International. By 2025, “the forecast for (sales of) all electric vehicles in China is 5 million,” says Drobnak.
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