The World’s Top Seven Tech Investments in China (II)
BMW Investments in Manufacturing: Joint Ventures: BMW has invested significantly in its joint venture with Brilliance Auto. The investment is estimated to be over $3 billion. This JV produces BMW 3 Series, X1, and X5 models, and is responsible for making BMW the number one German luxury car manufacturer in China. Electric Vehicle Production: BMW’s […]
Vehicles shipped to US used parts made in China with forced labor
By VOA News BMW, Jaguar Land Rover and Volkswagen have used parts from a Chinese supplier banned in the United States for using forced labor, according to a U.S. congressional investigation. A report released Monday by the Senate Finance Committee stated that the car companies developed vehicles using parts created with Uyghur forced labor in […]