BMW Group is in advanced negotiations with Great Wall Motor to create a new joint venture in China for the local production of MINI electric vehicles for this market, following the model agreement that BMW maintains with Brilliance. The BMW Group has signed a 'letter of intent' with the Chinese manufacturer for the local production of MINI electric cars in the largest market in the world.
The Mini Electric concept car was launched last year, and first car prototypes have since been spotted testing. The production model is announced for 2019.
In 2017, around 560,000 BMW cars were delivered in China. The China market absorbed around 35,000 MINI units. The expansion of the BMW brand in China has not led to a decrease in production at its German plants. Between 2007 and 2017, production in Germany increased by almost 25%, which means 1.15 million cars each year.
The truck manufacturer Volvo Trucks, which plans to start production of its first e-truck in 2019, intends to make battery technology available to its other brands in future in order to reduce development and production costs. According to… Continue reading
The major problem of switching to renewable energy sources is the lack of available technologies for converting electricity derived from solar and wind energy into chemical fuel for long-term storage and in the opposite direction. There… Continue reading
BMW plans to develop next-generation electric drives together with British carmaker Jaguar Land Rover. Companies are hoping to bring new electric vehicles to market faster. Both top-of-the-line manufacturers have recently posted losses in the car business and… Continue reading
Citroën has confirmed the arrival on the market of an electric variant of the Citroën C4 in 2020, which will accompany the traditional combustion variants of the French group. In the last Paris Motor Show, Linda Jackson, CEO of Citroën,… Continue reading