A $2.2B BMW plant in China has started producing EVs. It is the company's third plant in China and will increase annual regional output by 130K vehicles.
The plant will begin by producing the pure electric i3 midsize sports sedan but is equipped to flexibly produce other EV models.
TL:DR — A high-ranking S. Korean-based auto park maker is pulling a divide and conquer, while SK Group, the 2nd largest individually controlled S. Korean conglomerate, invests in safe chargers for apartment buildings. Each move feels like an investment in being key players in the global shift toward electrification.