Feb 01, 2021 05:46 PM (GMT+8) · EqualOcean
BAIC Blue Valley announced that its subsidiary Magna Weilan new energy vehicle technology (Zhenjiang) Co., Ltd. plans to sign a "technology license agreement" with Steyr America Co., Ltd. on the platform architecture, chassis technology and other related intellectual property rights of be21 pure electric vehicle product platform. The technology license fee for this transaction is a fixed price of 50 million euros.