BMW Group extends joint venture contract in China until 2040
Green Car Congress
FEBRUARY 14, 2022
The agreement on the contract extension was signed by the two joint venture partners back in October 2018, on BBA’s 15 th anniversary. With the issuance of the new business licence, the increase of BMW Group’s stake in BBA also is effective, as agreed upon by both joint venture partners in 2018. BBA) joint venture until 2040.
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