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

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

Great Wall Motor Group (the owner of HAVAL, Great Wall, WEY and ORA brands) has signed a 50:50 joint venture (JV) 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 P/A.
HAVAL PR Manager Andrew Ellis said, “This announcement is evidence of GWM’s commitment and ability to become a global automotive powerhouse by partnering with leading OEMS to develop the next generation of environmentally conscious automotive technology.”

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s