BMW: to build future electric Minis in China
(CercleFinance.com) - BMW Group said on Friday that it plans to build future fully-electric models of its Mini brand in China, as part of a new joint venture with Great Wall Motor.
The plant will have a standard capacity of up to 160,000 vehicles per year, which will require around 3,000 employees after the ramp-up phase, the German premium carmaker said.
Both partners will together invest around 650 million euros in the plant, which is set to be built from 2020 to 2022.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
The plant will have a standard capacity of up to 160,000 vehicles per year, which will require around 3,000 employees after the ramp-up phase, the German premium carmaker said.
Both partners will together invest around 650 million euros in the plant, which is set to be built from 2020 to 2022.
Copyright (c) 2019 CercleFinance.com. All rights reserved.