The BMW Group and the Chinese manufacturer Great Wall Motor have signed an agreement to produce Mini electric vehicles through a new 50:50 joint venture based in China.
During a recent event for autonomous and connected driving attended by China’s Premier Li Keqiang and Germany’s Chancellor Angela Merkel in Berlin, the BMW Group and Great Wall Motor committed to founding a new joint venture, “Spotlight Automotive Limited”, for the development and production of electric vehicles in China.
As well as Mini electric vehicles, the joint venture will also produce electric vehicles for Great Wall Motor. [Read more…] about BMW and Great Wall Motor establish joint venture to build Mini electric vehicles in China