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Rapid expansion for BMW Group in China

The German automotive Group has signed a long-term framework agreement to further expand an existing joint venture in China to increase the capacity of its two local production facilities in Shenyang, Liaoning Province, and has set up a new joint venture to boost production of electric vehicles.


Faurecia signs joint venture with Chinese OEM

French automotive parts manufacturer Faurecia has signed a joint venture with pioneering Chinese electric vehicle OEM, BYD. The new company, called Shenzhen Faurecia Automotive Parts Co, aims to develop and manufacture advanced seating solutions for BYD-affiliated OEM brands.