BMW: inaugurates new factory in China
(CercleFinance.com) - On Thursday BMW announced the inauguration of a new factory in China, which is particularly intended to produce of the 100% electric city car BMW i3.
The BMW Brilliance Plant Lydia, located in Tiexi, in the Shenyang region, has the four essential automotive workshop lines of pressing, dent removal, painting and assembly, BMW said.
With an estimated investment of about 15 billion renminbi (about 2.1 billion euros), this is the largest project ever undertaken by the BMW group in China.
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