BMW is reported to invest another $1.4 billion to expand battery project in China
Chinese article by 旭亮
English Editor 张未名
10-20 17:57

By Kate Yuan

BMW is said to invest another RMB10 billion ($1.4 billion) to expand its high-voltage battery production center in Shenyang, northeast China's Liaoning Province, the official media Global Times reported on October 18. It could be the company's third complete power battery center globally, also the first one outside of Germany where the company is based.

Besides, UK's The Times reported that BMW planned to relocate its electric MINI from the UK to China. BMW’s plant in Cowley of Oxford can produce 40,000 all-electric MINI cars a year, and may stop production by the end of next year. Currently, the MINI has only one all-electric model - MINI Cooper SE 2-Door.

BMW Group said the production plan will be released in due course. According to the previous plan, MINI's next-generation all-electric model, the MINI Aceman, is expected to be produced by a joint venture between BMW and China’s Great Wall Motors (长城汽车) that is located in Zhangjiagang of eastern China's Jiangsu Province.

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