BMW Group and Great Wall Motor Enters into a JV Agreement to Produce MINI Electric Cars in China

Recently, the BMW Group and the Chinese manufacturer Great Wall Motor (GWM) entered into a Joint Venture agreement to produce MINI electric vehicles in China. This new 50:50 joint venture arrangement will see a new JV company called "Spotlight Automotive Limited" if all approvals are given by the Chinese authorities. It will see the development and production of electric vehicles in China and