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The first Chinese-made BMW, a BMW 325, was sold in October 2003. [4] In April 2009 BMW Brilliance announced that it would construct a second automobile assembly plant in China. [5] Construction of the plant began in Shenyang in June 2010, with a planned cost of US$73.53 million and a production capacity of 100,000 units. [6]
In February 2022, BMW invested an additional $4.2 billion into the Chinese joint venture, increasing its stake from 50% to 75%, becoming one of the first foreign automakers holding majority stake in China. [124] In June 2022, BMW announced a new plant project in Lydia, Shenyang designed for electric vehicles.
Gigafactory Shanghai (currently the only fully foreign owned car manufacturer in mainland China) BMW. BMW China (joint-venture with Brilliance Auto Group, a majority 75% stake was acquired by BMW in 2022) (Defunct) Zinoro (2013–2020) Volkswagen. Volkswagen Anhui (joint-venture with JAC, a majority 78.52% stake was acquired by Volkswagen in ...
In November 2019, following an agreement in 2018, BMW and GWM established Spotlight Automotive. [1] Its manufacturing plant in Zhangjiagang, Jiangsu was constructed between 2020 and 2022. [2] Its first mass-produced vehicle, a Mini Cooper SE (J01) rolled off from the plant on 14 October 2023. [3]
Brilliance China Automotive Holdings (Brilliance Auto) previously produced "Brilliance" branded cars under manufacturing unit Brilliance Motor, which has since been sold to BMW. Brilliance Auto also holds 25% of BMW Brilliance , a joint venture with BMW which produces, distributes, and sells BMW passenger cars in mainland China.
China's annual automobile production capacity first exceeded one million in 1992. By 2000, China was producing over two million vehicles. [14] After China's entry into the World Trade Organization (WTO) in 2001, the development of the automobile market accelerated further. Between 2002 and 2007, China's national automobile market grew by an ...
The BMW iX3 (model code G08) is a battery electric version of the BMW X3 (G01). [69] It was presented at the 2018 Beijing Motor Show in April as a concept vehicle, it is the third car of the electric-focused BMW i family and the first battery electric BMW SUV. Production began in September 2020 at BMW's factory in Dadong, Shenyang, China.
BMW. BMW China (former 50-50 joint venture with Brilliance Auto Group, a majority 75% stake was acquired by BMW in 2022) [30] Volkswagen. Volkswagen Anhui (former 50-50 joint venture with JAC, a majority 78.52% stake was acquired by Volkswagen in 2020) [31] Ford. Ford Beyond (JMC Ford Technology, Ford holds 65.32% majority of stake indirectly)