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

  • Published On: 13 October 2017
  • 868 Views

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.

News You May Like

Kinetic Green Zulu Electric Scooter Launched in India; Priced at INR 94,990

The scooter is available with a unique battery subscription plan that lowers the starting cost and necessitates a monthly membership payment from the customer.

Read More
2023 India Bike Week: New Kawasaki W175 Street Launched in India

Kawasaki unveiled the all-new W175 Street motorcycle at the ongoing India Bike Week. India Bike Week is the biggest motorcycle festival in Asia.

Read More