How many factories does BMW have in China?
1 Answers
Currently, BMW has two joint ventures in China, with a total of four factories. Two of them are under construction, and two are already in operation. More extended information is as follows: Brilliance BMW: Brilliance BMW is no stranger to many. This joint venture was established in 2003 by German BMW and Brilliance Auto, with the two companies holding 25% and 75% of the shares, respectively. The cooperation period is 25 years, lasting until 2028. Spotlight Automotive: Spotlight Automotive is a joint venture established in 2019 by BMW (Netherlands) and Great Wall Motors, with each party holding 50% of the shares. The cooperation period is 15 years, lasting until 2034. The collaboration mainly focuses on the field of new energy vehicles.