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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.

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