BMW to Build Battery-Powered Mini in New China Venture

The German carmaker BMW Group will produce its Mini cars outside Europe for the first time in a new joint venture to build electric-powered vehicles in China, the world’s largest auto market.

BMW and China’s Great Wall Motor Co. announced a 50-50 joint venture Tuesday, to be located in Zhangjiagang, Jiangsu province. The new venture will produce the battery-powered Mini and Great Wall’s electric models, BMW said in a statement.