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.
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Despite the situation in the automotive sector in Europe due to the pandemic caused by the COVID-19 coronavirus, sales of electric cars have been able to overcome the general decline in the market in March 2020. In March 2020, sales of electric cars… Continue reading
Honda has opened the online configurator for its Honda e electric car in Germany. Taking into account the VAT, which has been reduced to 16% since July 1, the basic version is included in the list with EUR 32,997. After deducting the environmental bonus of 9… Continue reading
