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.
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