Magna signs its first complete vehicle manufacturing JV in China; EVs with BAIC
Green Car Congress
JULY 25, 2019
Magna and the BAIC Group have signed a framework agreement governing their electric vehicle manufacturing joint venture ( earlier post ) in Zhenjiang, China, which marks another milestone of their continued cooperation. The transaction, which is pending regulatory approval and other closing conditions, is expected to close in the fourth quarter of 2019.
Let's personalize your content