BEIJING -- BMW will begin Chinese production of electric cars from its Mini brand in 2021 with local partner Great Wall Motor as the automakers share the investment burden amid shifts in the industry landscape, but their export plans could be derailed if U.S.-China trade talks sour.
A 50-50 joint venture dubbed Spotlight Automotive will be established in the Jiangsu Province city of Zhangjiagang in central China with a capitalization of 1.7 billion yuan ($253 million). A 5.1 billion yuan factory with a capacity of about 160,000 vehicles per year will be built.
