Magna & BAIC To Cooperate On EV Production
Magna and BAIC have officially signed a framework agreement with the Government of Zhenjiang (Chinese city) for the production of electric vehicles. The joint venture, led by BJEV, BAIC’s electric car subsidiary, is Magna’s first investment in a complete vehicle…
These Chinese EV Makers Are Eyeing The US And Europe Even As They Struggle At Home
At least six Chinese electric car makers say they’re determined to begin sales in Europe and the US this year or the next, but some of them barely have a presence at home, making those plans appear far-fetched. Declining Auto…