Articles Tagged with "Magna"

BJEV approved to invest in project of BAIC-Magna manufacturing JV
BJEV approved to invest in project of BAIC-Magna manufacturing JV

New progress was recently made in the project of the manufacturing joint venture between China’s state-owned automaker BAIC and the leading global automotive supplier Magna.

Dec. 19 , 2019
BAIC Group to transfer 49% stake in Zhenjiang subsidiary to boost cooperation with Magna
BAIC Group to transfer 49% stake in Zhenjiang subsidiary to boost cooperation with Magna

Chinese state-owned automakers BAIC Group is ready to transfer 49% stake in its Zhenjiang-based subsidiary at a base price of around 300 million, according to information in a bulletin from China Beijing Equity Exchange.

Nov. 26 , 2019
Magna Celebrates the Signing of Its First Complete Vehicle Manufacturing Joint Venture in China
Magna Celebrates the Signing of Its First Complete Vehicle Manufacturing Joint Venture in China

On July 24 Magna, BAIC Group and the Zhenjiang government celebrated the signing of a framework agreement governing their electric vehicle manufacturing joint venture in Zhenjiang, China, which marks another milestone of their continued cooperation.

Jul. 25 , 2019
BAIC, Magna plan to form new JV to build premium intelligent electric vehicles
BAIC, Magna plan to form new JV to build premium intelligent electric vehicles

BAIC BJEV and Canada auto parts supplier Magna signed a cooperation agreement on June 18 in Nanjing, saying that both parties plan to establish two new joint ventures to build open and sharing R&D and manufacturing centers of electric vehicles.

Jun. 19 , 2018
BAIC, Magna sign strategic agreement on developing new-gen intelligent BEV models
BAIC, Magna sign strategic agreement on developing new-gen intelligent BEV models

On Apr. 8, in the presence of both Chinese and Austrian governmental leaders, BAIC Group and Magna signed a strategic cooperation agreement, saying both parties will make a commitment to developing new-gen intelligent pure electric vehicle models.

Apr. 9 , 2018
UPDATE-Magna sets e-powertrain joint venture with Huayu Automotive Systems
UPDATE-Magna sets e-powertrain joint venture with Huayu Automotive Systems

On October 18, Magna signed a joint-venture agreement with Huayu Automotive Systems Co., Ltd., (HASCO,600741.SH), a subsidiary of SAIC Motor.

Oct. 19 , 2017