The global automobile manufacturer BMW Group in joint venture with Great Wall Motors (GWM) started construction of Spotlight Automotive facility in Zhangjiagang, Jiangsu province in China. Spotlight Automotive is a joint venture established by GWM and BMW Group.
- Spotlight Automotive facility has a standard annual production capacity of 160,000 units.
- Spotlight Automotive Factory will carry out product R&D, process plan and the construction of factory simultaneously. With new technologies and making scientific layout planning, each process plant will fully integrate the advanced manufacturing philosophy of GWM and BMW Group and apply the international cutting-edge production technology and quality management system.
In July 2018, witnessed by leaders of China and Germany, the two parties officially signed the Joint Venture Contract, and decided to establish Spotlight Automotive in the form of 50:50 joint venture.
Earlier in November 2019, Great Wall Motors and BMW Group announced plans to jointly build a future E-mobility project in Zhangjiagang, Jiangsu Province, in China. The two companies signed a 50-50 joint venture agreement for this innovative cooperation. As per the agreement, MINI fully electric vehicles and new products of Great Wall Motors will be produced there.
Prominent investments and deals by Great Wall Motors in the last year are mentioned below:
February 2020: Great Wall Motors (GWM) and General Motors (GM) announced an agreement for the sale of GM Thailands manufacturing facilities in Rayong. As per the signed agreement, GM Thailand and GM Powertrain Thailands Rayong vehicle assembly and powertrain plant will transfer to GWM by the end of 2020.
January 2020: Great Wall Motors announced an agreement with General Motors for the sale of GM Indias Talegaon manufacturing facility in India. The transaction will support the GWMs plan to enter and invest in India. Great Wall Motors will officially debut its Haval brand and GWM EV in the Indian automotive market shortly.
September 2019: Great Wall Motors signed a contract with Autoliv to set up the Safety Evaluation Joint Research Laboratory in North America. As per the deal, Autoliv will increase the safety technology and product support for the globalization strategy of Great Wall Motors, and also it will support to enter the America market.
June 2019: Great Wall Motors announced the completion of the Tula factory in Russia. The Tula facility is the GWMs first wholly-owned full-process manufacturing plant outside the home market. The company invested around $500 million in the construction of the Tula factory. The factory has a annual capacity of 150,000 units, 65 percent of which will be produced locally.
About Great Wall Motors
Great Wall Motors (GWM), headquartered at Baoding in China, is a world-famous SUV and pickup manufacturer. Chinas largest SUV & pickup manufacturer, GWM has nearly 70 holding subsidiaries and more than 60,000 employees worldwide. The company has an overseas network of approximately 500 locations in more than 60 countries and regions.
About BMW Group
The BMW Group is a leading premium automobiles manufacturer with top-selling brands like BMW, MINI, Rolls-Royce, and BMW Motorrad. The Group is also involved in motorcycles production and premiu5m financial and mobility services. The BMW Group has a global sales network in more than 140 countries, and it has 31 production and assembly facilities in 15 countries. The Group employs a workforce of close to 135,000 employees worldwide.
The company owns two brands-Haval and Great Wall which covers three categories: SUV, passenger car, and pickup vehicle and has four vehicle manufacturing bases.