BEIJING (Reuters) – Electric vehicle brand Beyonca, backed by Renault and Dongfeng Motor, said on Monday that it signed an investment agreement with Riyadh-based Al Faisaliah Group Holding Company.
At the signing ceremony at Dongfeng Motor’s headquarters in the central Chinese city of Wuhan, Beyonca also inked a strategic cooperation deal with QG FZE-LLC regarding investment opportunities in the Middle East, according to the EV brand.
(Reporting by Beijing newsroom; Editing by Jamie Freed)
