Login

Reload

Remember me Forgot it?

Not a subscriber?

Click on the button below to create your account and get immediate access to Xinhua Silk Road Database.

Start a Free Trial

Subscribe

Belt & Road Weekly Subscription Form

Research Report

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

companies

HOME > Company


BMW to build EV global export base in China

July 12, 2018


Abstract : BMW has inked a new long-term framework agreement with Brilliance Auto to further expand investment and production of their joint venture (JV) BMW Brilliance Automotive to build a new energy vehicle (EV) production base in China for the global market.

BMW

BEIJING, July 12 (Xinhua) -- BMW has inked a new long-term framework agreement with Brilliance Auto to further expand investment and production of their joint venture (JV) BMW Brilliance Automotive to build a new energy vehicle (EV) production base in China for the global market.

The JV is planned to increase annual production of vehicles at the two plants in China to 520,000 by 2019, according to a report by Shanghai Securities News.

In 2020, the first pure electric model of BMW core product series will be put into production in Shenyang which would be not only sold to Chinese consumers but also exported to the global market.

The JV BMW Brilliance has been in operation for 15 years, and has built two complete vehicle factories and one Power assembly plant. (Edited by Niu Huizhe, niuhuizhe@xinhua.org)


Related Coverage

Focus

Think Tank

  • China’s fiscal policy needs to boldly break free of...

    November 21, 2018

    Given the unprecedented complexity of the situation, coupled with downward p...

  • China and Canada eye more mutually beneficial trade ...

    November 21, 2018

    The USMCA trade deal, widely known as a "poison pill" aimed at China, will n...

  • China-EU cooperation can safeguard WTO rules

    November 20, 2018

    Amid what looks like a prolonged China-US trade friction, the combined effor...

  • ASEAN-China trade boosting growth

    November 20, 2018

    With China and ASEAN being key growth engines for the Asia-Pacific region as...

  • Ask Us A Question

    If you have any questions, please enter them in the box below.

    Reload

    Write to Us

    Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

    Click on the button below to create your account and get imhttp://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

    Start a Free Trial