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BMW Finalizes Accord to Start Producing Electric Minis in China

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Photographer: Kiyoshi Ota/Bloomberg

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BMW AG will make Mini cars in China for the first time, sealing a joint-venture agreement to produce electric vehicles with partner Great Wall Motor Co. in the world’s largest automotive market.

The 50-50 owned venture will make battery-powered vehicles for both partners at a new plant in Jiangsu Province, BMW said in a statement Tuesday. The expansion is the German luxury carmaker’s second this week in China, part of a parade of accords announced at a Berlin summit with Chancellor Angela Merkel and Chinese Premier Li Keqiang in attendance.