Automotive
BMW Begins Production At New Plant
Fact attack — China accounts for 57.4% of global EV production and 53% of “new energy” passenger vehicles being driven.
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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.