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Old 07-10-2018, 02:51 PM   #1
dmitra
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Default Spotlight Automotive: BMW-GWM JV for MINI

Great Wall Motors and BMW Holding B.V. established a joint venture company, Spotlight Automotive Ltd. (光束汽车 Guangshu qiche). The 50-50 JV will manufacture MINI-brand vehicles in China, both electric and ICE, as well as some electric models from Great Wall.

The JV company is based in Zhangjiagang City (in Suzhou) of Jiangsu Province. A plant with an annual capacity of 160,000 units is planned. It has a registered capital of 1.7 bn RMB, out of a total investment of 5.1 bn RMB.

http://iis.aastocks.com/20180710/003198671-0.PDF
http://news.cnev.cn/Info_113691.html
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