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BMW Group Chairman Nie Kewei: By 2030, the proportion of domestically produced models in the Chinese market will increase to over 95%
The Block
1h ago
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At the 2026 BMW China Innovation Day and the launch ceremony of the sixth-generation power battery, BMW Group Chairman Norbert Reithofer stated that China is an important base for BMW's innovation and industrialization. BMW plans to increase the proportion of locally produced models in the Chinese market to over 95% by 2030, and mentioned that in 2027, the Chinese market will see nearly 20 new and revised BMW models equipped with the new generation of technology clusters.
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IT News on October 15th: At today's 2026 BMW China Innovation Day and the launch ceremony of the sixth-generation power battery, BMW Group Chairman Norbert Reithmann (Milan Nedeljkovi ć) delivered a speech.

Nie Kewei stated that China is an important base for BMW's innovation and industrialization. Since 2010, the Shenyang production base has invested over 120 billion yuan in total, and more than 7 million BMW vehicles have been produced locally, with nearly half of them manufactured in the past six years. BMW has established four major R&D and innovation bases in China, as well as three software companies, making China an important pillar of the group's global innovation system.

Nie Kewei announced that BMW will further expand the localization of its key models in China, with plans to increase the proportion of domestically produced models to over 95% by 2030.

According to BMW Group's latest strategic plan, by 2027, the Chinese market will see nearly 20 new and revised BMW models equipped with the new generation of technology clusters. In addition, BMW is also actively evaluating and studying the possibility of expanding the export of models produced in China to overseas markets such as Southeast Asia.

As previously reported by IT, the 2026 BMW China Innovation Day and the launch ceremony for the sixth-generation power battery were held in Shenyang, Liaoning today. BMW's sixth-generation power battery has officially entered mass production, marking a crucial step forward in the localization process of new-generation models in China.

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