BMW and Great Wall are going to build in China the company, which will be the Assembly of vehicles with electric propulsion systems.
At the present time there are data according to which each year the new plant will produce 160 thousand vehicles. The construction of the enterprise will be spent funds in the amount of 650 million euros. It is expected that the plant will be commissioned in 2022. In addition, there are data according to which the company will operate 3 thousand people.
Previously, the company Great Wall has been issued a permit from the regulatory authorities for the construction of a new plant. Currently, this company is the largest manufacturer of SUVs and pickups in China.
The implementation of the project will be engaged in a new joint venture Spotlight Automotive, which is based in Zhangjiagang. (Jiangsu province). This region was selected because of the availability of good infrastructure, skilled workforce and well-developed network of suppliers.