The automotive industry of late has been drenched with joint ventures. There was Ford’s iniatiative with Zotye a couple months back and more recently, the Toyota, Mazda and Denso trifecta followed by the Alliance between Nissan, Mitsubishi and Renault.
Now reports have surfaced that BMW is now looking to form some kind of partnership with Chinese automaker Great Wall Motor, according to Reuters.
The same report also mentioned the possibility of the two heavy weights coming together to open an assembly plant in the Changshu, China. There is, however, no clear indication of what type of vehicles will be produced at the plant and officials from both parties have refused to comment on the matter according to the same report.
Although it’s still very speculative, what we can be sure of is that BMW has been affirmed to be the leading luxury brand in China with over 48,869 cars sold in April 2017 alone.
Seeing as everyone is manufacturing EVs in China and with previous reports of a joint venture with Intel together with BMW’s pledge to offer electrified variants for all BMW and MINI models including an all electric X3 due by 2020, what’s to say it won’t happen? Stay tuned.