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BMW may have hit Chinese regulatory wall in e-car plan

China’s Great Wall Motor has said that its joint venture with BMW faced regulatory uncertainties as both companies pledged to proceed with plans for developing a low-cost electric car.

BMW may have hit Chinese regulatory wall in e-car plan

Thu, 08 Aug, 2019 - 06:15

By Yilei Sun, Brenda Goh and Edward Taylor

China’s Great Wall Motor has said that its joint venture with BMW faced regulatory uncertainties as both companies pledged to proceed with plans for developing a low-cost electric car.

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Courts Place: China Place: Ora Place: Baoding Place: Zhangjiagang Place: Netherlands Place: Oxford Person: Yilei Sun Person: Brenda Goh Person: Edward Taylor Person: Harald Krueger Organisation: BMW Organisation: Great Wall Motor Organisation: Sueddeutsche Zeitung Organisation: Great Wall Organisation: EU Organisation: VDL Organisation: Reuters

<p>In the first eight months of the year, 116,099 new cars were registered, a 3.4% increase, of which 20,656 were electric cars representing a 37% year-on-year increase. File picture</p>

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