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BMW's Brilliance China Partner Considers Selling JV Stake, Sources Say

BMW's Brilliance China Partner Considers Selling JV Stake, Sources Say
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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BMW's Brilliance China Partner Considers Selling JV Stake, Sources Say

(Bloomberg) Brilliance China Automotive Holdings Ltd.’s biggest shareholder is considering options to raise funds including selling the company’s 25% stake in its joint venture with BMW AG, according to people familiar with the matter.Most Read from BloombergUS Economy Set for Another Cash Boost If Congress Backs Tax DealApple to Shutter 121-Person San Diego AI Team in ReorganizationBiden Says US Doesn’t Support Taiwan Independence After VoteTaiwan Markets Mixed as Election Result Seen to For ....

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Brilliance Reportedly Wants Out Of BMW Joint Venture In China

BMW's Chinese partner Brilliance, which owns a 25% share in the joint venture, allegedly wants to retire from the JV, according to Automotive News Europe. ....

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Xiaomi Holds Talks With EV Carmakers About Production Partnerships

Xiaomi Holds Talks With EV Carmakers About Production Partnerships
bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.

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Xiaomi holds talks with carmakers about possible partnerships to build EVs

Co-founder Lei Jun pledged to invest about $13.6 billion in making EVs a reality for the tech group. Read more at straitstimes.com. ....

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