BMW: Joint venture in the Chinese market until 2040

The joint venture between BMW and a Chinese company was originally intended not only to provide entry into the Chinese market, but was also BMW's gateway to the favorable production of batteries. Now, for the first time in the history of joint ventures between Western and Chinese countries, the Western owner is taking over a majority stake in the joint project. This goes hand in hand with a long-term extension of the plans and new opportunities for the Bavarian car brand.