BMW and Great Wall Motors set up a new joint venture to produce electric Mini

BMW and Great Wall Motors set up a new joint venture to produce electric Mini

According to foreign media reports, although China is gradually removing joint venture requirements for non-Chinese automakers, BMW has deepened its relationship with Chinese automakers through two major electric vehicle projects. BMW recently announced the establishment of a joint venture with Great Wall Motors, which will be responsible for the production of Mini electric vehicles in the future, but the first electric Mini will still be produced at BMW's main factory in Oxford, England.

It is reported that the joint venture is named Spotlight Automotive Limited and will also build electric vehicles for Great Wall Motors in the future.

Great Wall was in the American news cycle for a while last August when rumors circulated that the Chinese automaker was interested in buying part or all of Fiat Chrysler Automobiles. Obviously, that didn't happen.

BMW will also deepen its partnership with Brilliance Automotive Group Holdings, another joint venture it has been operating for 15 years. This will allow the company's plants in Tiexi and Dadong to increase annual production by a net 520,000 vehicles. In addition, the company will be responsible for producing the new electric crossover iX3 - for local sales and export to other markets. It is not clear whether BMW will also produce the iX3 elsewhere.

As a winner of Toutiao's Qingyun Plan and Baijiahao's Bai+ Plan, the 2019 Baidu Digital Author of the Year, the Baijiahao's Most Popular Author in the Technology Field, the 2019 Sogou Technology and Culture Author, and the 2021 Baijiahao Quarterly Influential Creator, he has won many awards, including the 2013 Sohu Best Industry Media Person, the 2015 China New Media Entrepreneurship Competition Beijing Third Place, the 2015 Guangmang Experience Award, the 2015 China New Media Entrepreneurship Competition Finals Third Place, and the 2018 Baidu Dynamic Annual Powerful Celebrity.

<<:  Sharp under Foxconn’s thinking: the father of LCD or the king of low prices?

>>:  Audi and Huawei once again join hands to deepen cooperation in the field of intelligent connected vehicles

Recommend

Why is Apple Watch failing?

July 13 news, according to the latest research re...

How to write contrasting copy so that users can’t resist it?

Whenever it is necessary to write copy for a new ...

Is Baidu Youqianhua legitimate? Will the loan affect the mortgage in the future?

Young people nowadays have developed the concept ...

The "flying dragon" in the sky is not a simple chicken

What is a "flying dragon"? Author: Ma M...

GSX CTO Li Gangjiang: How startups build excellent technical teams

Once upon a time, you had the idea of ​​starting ...

How to build a community operation system!

This article uses the 5w1h analysis method to int...

Is it an animal or a plant? Learn more about corals in one article~

coral We are familiar and strange It is sometimes...