The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

BC-EU--BMW-China 3rd Ld-, 0333

Contributed by NAMPA / Associated Press.

BMW ramps up investment in China to meet electric demand<
AP Photo FOS101-0709181411<
Eds: Updates photo. With AP Photos.<
By DAVID McHUGH<
Associated Press<
FRANKFURT, Germany (AP) - German automaker BMW is taking a majority stake in its China joint venture and investing 3 billion euros ($3.5 billion) in factories there, underscoring the importance of the Chinese market as the company prepares to meet increased demand for electric vehicles.
Munich-based BMW said Thursday ...

 

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