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Great Wall Motor Group And BMW Sign Joint Venture

 
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PostPosted: Tue Jul 24, 2018 12:30 pm    Post subject: Great Wall Motor Group And BMW Sign Joint Venture Reply with quote

Great Wall Motor Group And BMW Sign Joint Venture For Mini EV

Great Wall Motor Group has signed a 50:50 joint venture with BMW AG to produce the Mini EV.

Under the terms of the $AUD 1 billion JV, Great Wall Motor Group (GWM) and BMW AG will research, develop, manufacture and sell new energy vehicles for China and export.

The investment includes the development of a state-of-the art manufacturing facility in Jiangsu near Shanghai in China which is expected to produce 160,000 vehicles
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