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DALIAN, China -- BMW will invest 10 billion yuan ($1.40 billion) to expand production of electric vehicle batteries in China, where the comp
Jochen Goller
Source: nikkei.com

Investment, production expansion reaffirms BMW's confidence in China

German automaker BMW announced an investment of 10 billion yuan ($1.39 billion) to expand its battery production facility in China, reaffirming its strong confidence in the Chinese market. This is another major investment from BMW to accelerate its electrification transition following the opening of the Lydia plant in Shenyang, Liaoning province, this June.
Jochen Goller Li Hongbiao Group Region China Technological Development Zone China Association Of Automobile Manufacturers China Academy Of Northeast

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