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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

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.

Xiaomi Holds Talks With EV Carmakers About Production Partnerships

Xiaomi Holds Talks With EV Carmakers About Production Partnerships
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