BMW 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.
According to the recall announcement of the Chinese State Administration for Market Regulation on Friday, BMW Brilliance Automotive Ltd. (BBA) recalled 1,974 domestic iX3 electric vehicles starting December 24.
BMW Brilliance, a joint venture between BMW and Brilliance Auto, signed a strategic cooperation agreement with China’s Contemporary Amperex Technology Co. Limited (CATL) on July 17 in Beijing.