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Pegoh, Melaka-based EP Manufacturing Bhd (EPMB) has announced that its Peps-JV Melaka subsidiary will begin locally assembling (CKD) the BAIC X55 and BJ40 Plus models in the first quarter of 2025.
SHANGHAI, Dec 11 (Reuters) - Hyundai Motor (005380.KS), opens new tab and its Chinese partner BAIC Motor (1958.HK), opens new tab on Wednesday agreed to invest $1.1 billion in their joint venture ...
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Each party would inject $547.7 million to increase the total registered capital of Beijing Hyundai to $4.074 billion after the investment, Beijing government-owned BAIC said in a ...
Credit: RAPHAEL MAKSIAN on Unsplash Korean automotive company Hyundai and its Chinese partner BAIC have decided to invest $1.1bn in their China-based joint venture (JV), Reuters reported citing a ...