BMW to Tie up With Great Wall to Expand Production in China

  • Published On: 13 October 2017
  • 589 Views
  • 0 Comments
  • Likes
  • 1 min read

The company could work with Great Wall to increase production volumes and bolster its EV presence.

The company is considering another joint venture with Great Wall in China to increase its production volumes and bolster BMW’s electric vehicle presence in the growing auto market.

According to Chinese law, an international brand is required to partner with a domestic player to make vehicles in its market. BMW is looking at increasing production volumes and its market share in the EV segment. The government is planning to bring strict quotas for the percentage of electric products sold by carmakers and a lot of manufacturers are think they are too stringent and have asked for leniency.

All the electric models produced under the BMW-Great Wall joint venture will most probably be produced in Changshu. For now, BMW has not yet confirmed if the plant will churn out BMW-only products or if it will use a second production facility for the upcoming electric Mini.

The German carmaker is currently the second-largest premium car maker in China after Audi.

Author: Droom

Recent News

Tata Gravitas Spied Testing Again After Lockdown
  • Top

Tata Gravitas was spied as a test mule on Chennai-Bangalore highway after a very long time.

Read More
Coronavirus Visits Maruti Suzuki and Hyundai Motor India
  • Top

Employees tested positive for COVID-19 at Hyundai and Maruti Suzuki Manufacturing Facilities

Read More

News You May Like

2019 Maruti Wagon R Teased, To Launch On 23rd January

Maruti Suzuki has teased the new Wagon R and they promote it as Big New Wagon R.

Read More
2019 McLaren 720S Spider Revealed With A Retractable Hard Top

McLaren has revealed the new 720 Spider that comes with a retractable hard top.

Read More
Download App