BMW celebrates 20th anniversary of taking root in China

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BMW celebrates 20th anniversary of taking root in China

STORY: BMW celebrates 20th anniversary of taking root in China DATELINE: May 19, 2023 LENGTH: 00:01:38 LOCATION: SHENYANG, China CATEGORY: ECONOMY SHOTLIST: 1. various of BMW Brilliance's factory 2. various of the ceremony marking the company's 20th anniversary 3. SOUNDBITE (English): MILAN NEDELJKOVIC, Member of the board of management of BMW AG 4. various of BMW Brilliance's factory STORYLINE: BMW Group's joint venture in China, BMW Brilliance Automotive Ltd. (BBA), on Thursday marked the company's 20th anniversary, announcing further investment and localization of its electro-mobility in China. According to the company, the new generation electric vehicle Neue Klasse is set to be rolled out in 2026 from its production base in Shenyang, capital of northeast China's Liaoning Province. A ground-breaking ceremony was held on Thursday to kick off the construction of BBA's new battery production plant in Shenyang with a total investment of 10 billion yuan (about 1.43 billion U.S. dollars). Dubbed the sixth

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