BMW recently announced a joint EV venture in China known as the “Zinoro” but why is BMW targeting China? Is this the right move to take advantage of the Chinese government’s push in the EV market?
Chinese government is doing the best in the EV market
I haven’t heard much about it but it makes sense. There is no way any other country comes close to the number of EVs currently running around in China… It’s a big market, mostly for motorbikes up till now, but the car market is getting bigger all the time.
improve environment fast
There’s money laying on the table.