#BMW, #BrillianceAuto expanding China JV; all-electric #iX3 planned for export outside China
The BMW Group and its partner Brilliance Automotive Group Holdings signed a long-term framework agreement to further expand their joint venture BMW Brilliance Automotive (BBA). BBA is increasing the capacity of its two local production facilities Tiexi and Dadong in Shenyang, Liaoning Province, to a total of 520,000 BMW brand vehicles in 2019. Furthermore, the all-electric BMW iX3 (earlier post ) to be produced by BBA—the first BMW brand model to be driven purely by electric power—is planned for export to markets outside of China. Our agreement sets a long-term framework for our future in China—a future involving continued investment, further growth and a clear commitment to the development and production of electric vehicles. The next chapter of our cooperation has the potential to go beyond our existing motto: in China, for China. The all-electric BMW iX3, produced by BB...