A joint venture (JV) between Chinese and Pakistani companies is about to start producing electric 2-wheelers and 3-wheelers (rickshaws) in …

The post Sino-Pak JV to Spur Transportation Sector with Electric 2-and 3-Wheelers first appeared on CarSpiritPK and is written by UsmanAnsari.

China has announced to fully allow overseas ownership of automotive companies in the country from January 1, 2022, according to a release by the country’s ministry of commerce and the National Development and Reform Commission

The post China to Remove Restrictions on Foreign Automotive Ownership first appeared on CarSpiritPK and is written by UsmanAnsari.

Servis Industries Limited (SIL) has entered into a Joint Venture Agreement with Chaoyang Long March Tire Company of China and Myco Corporation of Pakistan for setting up a Greenfield project.

The post Servis to Form JV with Chinese Tire Company for Greenfield Project first appeared on CarSpiritPK and is written by UsmanAnsari.

Daewoo Express in collaboration with MSD Tires have signed a joint venture agreement with Double Star China, one of the largest tire manufacturers in the world, to set up a state-of-the-art tire manufacturing plant in Pakistan.

The post Daewoo Express Signs JV Agreement with Double Star Tires China first appeared on CarSpiritPK and is written by UsmanAnsari.

Toyota and BYD announced to have signed an agreement to establish a joint company for research and development of battery electric vehicles (BEVs).

The post Toyota and BYD to Establish JV for Electric Vehicle Research and Development first appeared on CarSpiritPK and is written by UsmanAnsari.

Daimler Mobility Services GmbH and Geely Group Company, Zhejiang Geely Holding Group’s new business subsidiary, has announced to build a …

The post Daimler and Geely to Form Premium Ride-Hailing Joint Venture in China first appeared on CarSpiritPK and is written by UsmanAnsari.

Shares in Geely jumped as much as 6.6% on Wednesday, putting it among the best performers on the Hang Seng …

The post Daimler to Work with Geely on Ride-Hailing Joint Venture first appeared on CarSpiritPK and is written by UsmanAnsari.

State-owned auto manufacturer Changan Automobiles has fully acquired the Changan-Suzuki joint venture from the Japanese parent company for one yuan …

The post Suzuki Officially Exits from China first appeared on CarSpiritPK and is written by UsmanAnsari.

Master Motors and Changan Automobiles of China has signed a joint venture (JV) agreement to import and assemble LCVs, MPVs, …

The post Master Motors and Changan Signs Joint Venture Agreement first appeared on CarSpiritPK and is written by UsmanAnsari.

Suzuki has ended one of its two passenger vehicle joint ventures in China with the transfer of a 46% interest …

The post Suzuki Exits One of its Joint Venture in China first appeared on CarSpiritPK and is written by UsmanAnsari.