MINI E 2019: BMW sealed a Joint Venture with Great Wall

As expected, the BMW Group is a Joint Venture with Great Wall in China, agreed to the new MINI E, 2019 , together, to manufacture can. The 50:50 Joint Venture bears the title “Spotlight Automotive Limited” and to provide in addition to the production of the MINI E, the development of electric cars in China. In addition to the pure electric MINI E will sooner or later electric cars, from Great Wall to be built.

The joint production facility of BMW Group and Great Wall Motor will soon be build in the Chinese province of Jiangsu. As of the time illustrates the plan – yet there is no plant in the 2019 cars could be built to start the MINI E production in China somewhat later than in Europe: The beginning of the makes 2019, the traditional MINI-home in Oxford, to the date for the start of production in Jiangsu have not spoken to BMW and Great Wall specifically.

Harald Krüger (Chairman of the Board of management of BMW AG): “With today’s agreement, we will lift the cooperation between China and Germany to a new level. This strategic partnership is a clear Win-Win Situation for both the BMW Group and Great Wall Motor. Therefore, we support China’s ambitious plans for the Expansion of electric mobility and to the reduction of emissions in traffic.”

Klaus Fröhlich (member of the Board of management of BMW AG for development): “The Strengths and competencies of our companies are highly complementary. With our experience as a pioneer and market leader in the field of electrification, as well as Great Wall Motors proven track record in efficient industrialization we can together to promote the growth of the largest E-mobility market in the world. With our joint approach, we can scale the production quickly, and the efficiency in the highly competitive Segment of compact electric vehicles.”

Wei Jianjun (founder and Chairman of Great Wall Motor): “today’s signing opens a new Chapter in the Sino-German cooperation. Great Wall motors and the BMW Group are United by their commitment to the promotion of vehicles with an electrical powertrain. Through the combined Strengths of both partners, our new Joint Venture will accelerate the introduction of electric vehicles.”

[resources : bimmertoday.de]
by : klonr.com

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