BMW invests $1.39B to expand battery production facility in Shenyang

BMW announced an investment of 10 billion yuan ($1.39 billion) to expand its high-voltage battery production center in Shenyang, China. The expansion will make it BMW's third global power battery center.

“German automaker BMW announced an investment of 10 billion yuan ($1.39 billion) to expand its battery production facility in China, reaffirming its strong confidence in the Chinese market.”govt.chinadaily.com.cn

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• govt.chinadaily.com.cnInvestment, production expansion reaffirms BMW's confidence in China | govt.chinadaily.com.cnNov 12, 2022

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