Spotlight, BMW’s China venture, to assemble EVs including Mini cars for consumers worldwide
- Except for markets that levy unreasonably high tariffs on Chinese-made EVs, Spotlight is designing and building cars for customers all over the world, Director Jason Zhang says
- China’s strong EV supply chain and design heft in the EV sector have inspired global carmakers to look beyond the local market: Zhejiang-based entrepreneur
“Except for markets that levy unreasonably high tariffs [on Chinese-made EVs], Spotlight is designing and building cars for customers all over the world,” Zhang said on the sidelines of an investment promotion event in Shanghai. “We have the vision of building cars that cater to demand from people worldwide.”
Spotlight was founded in 2019, with BMW and Great Wall, China’s largest sport-utility vehicle maker, each contributing equally towards a total investment of 5.1 billion yuan (US$704.7 million). The company owns a factory in Jiangsu province’s Zhangjiagang city that is capable of assembling 160,000 vehicles a year, and a research and development centre in Shanghai that employs about 300 engineers.
Concerns about overcapacity have prompted mainland-based EV makers to boost their overseas sales, said Qian Kang, a Zhejiang-based entrepreneur who owns car components businesses.
“Foreign carmakers’ Chinese ventures used to focus on just the mainland China market, because it is big enough to accommodate their production capabilities,” he said. However, “China’s strong EV supply chain and its design heft in the EV sector have inspired global marques to look beyond the local market”.