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Showing posts with the label joint

Hyundai Motor and Kia to Develop Lunar Surface Exploration Mobility through Joint Multilateral Research Agreement

Hyundai Motor and Kia sign joint research agreements with six Korean research institutes to develop mobility solutions to explore the surface of the moon The agreement is the first step by Hyundai and Kia to realize their robotics vision of ‘Expanding Human Reach’ to help create a better future Hyundai and Kia’s core robotics technological […] July 28, 2022 at 12:15AM

BMW Group and Mercedes-Benz Mobility intend to sell their car-sharing joint venture SHARE NOW to Stellantis

Two strong pillars: BMW Group and Mercedes-Benz Mobility further develop mobility joint ventures in a targeted manner Strengthening multi-mobility: FREE NOW as the leading multi-mobility app in Europe will continue to grow The joint venture for electric charging services, CHARGE NOW, is planning further cooperations The mobility joint ventures had 30% more transactions in the […] May 04, 2022 at 12:00AM

Ad-hoc: BMW AG acquires majority stake in BMW Brilliance Automotive Ltd. leading to full consolidation effective 11 February 2022

Munich. Bayerische Motoren Werke Aktiengesellschaft (BMW AG) acquires a majority stake in its Chinese joint venture BMW Brilliance Automotive Ltd. (BBA). BBA has today received the relevant business licence from the Chinese authorities, effective 11 February 2022. BMW AG thus indirectly holds 75% of the shares in BBA, while the Chinese partner Brilliance China Automotive […] February 12, 2022 at 06:02AM