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BMW Invests a Further 10B Yuan in Chinese Battery Facility
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BMW Invests a Further 10B Yuan in Chinese Battery Facility

Oct 21, 2022
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BMW Invests a Further 10B Yuan in Chinese Battery Facility
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BMW Invests a Further 10B Yuan in Chinese Battery Facility
(Source: BMW)

Insiders at BMW China revealed to Chinese media on October 18 that the German automaker will invest another 10 billion yuan ($1.38 billion) to expand its high-voltage battery production center in China’s northeastern city of Shenyang, and that it will generally increase investment in battery projects in the country. It is reported that the …

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