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(ANN/CHINA DAILY) – BMW Group will make its Neue Klasse electric vehicles in Shenyang, Liaoning province from 2026, the German automaker said on Thursday. “I am pleased to announce the local production of the Neue Klasse vehicles,” said Milan Nedeljkovic, BMW AG board member for production, during a news conference at the 20th anniversary of […]
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.