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The European Commission approved the creation of a joint venture between Benteler Automotive (China) Investment Limited and Beijing Hainachuan Automotive Parts Co., Ltd (BHAP) to assemble and sell chassis modules to Chinese automotive companies.
Beijing Hainachuan Automotive Parts Co., Ltd. (BHAP) signed a joint venture cooperation agreement with Benteler Automotive (China) Investment Limited in the field of automobile chassis, focusing on future intelligent electric vehicles.