Hella and BAIC to set up joint venture for lighting systems in China  [ China ]

The Hella Group announced that it has signed a contract with BAIC to form a joint venture in China. The operative start-up of the joint venture, Beijing Hella BHAP Automotive Lighting Co., Ltd., is scheduled for the beginning of September 2014. Capitalized at approximately EUR 30 million, the joint venture will develop and produce lighting systems there, which are specially tailored to suit the...