Automotive Dec 18, 2020 06:25 PM (GMT+8) · EqualOcean
On December 18, in order to further enhance the digital process, BMW China and Chengmai Technology (Nanjing) Co., Ltd. reached an agreement to jointly invest 50 million yuan to establish a joint venture company specializing in automotive software development. Relying on BMW's expertise in vehicle integration and Chengmai technology's strength in agile software, the two sides hope that the joint venture can create great value in the digitalization of vehicles. BMW believes that the joint venture will help strengthen BMW's digital capability in China and help it create more excellent digital products and services.

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