BMW’s strong ties with China are a “win-win” as the car industry shifts towards greener, more connected vehicles, CEO Oliver Zipse reportedly said after Chinese Premier Li Qiang visited the automaker’s Munich base.
According to Reuters, Li, accompanied by a high ranking delegation, met with Zipse and other company executives as part of a four day visit to Germany – his first official trip abroad since becoming premier – which included talks with German chancellor Olaf Scholz and other top politicians.
“The BMW Group has deep and long-standing ties with China,” said Zipse in a statement cited by the news agency, noting shared aims in areas like electric mobility, decarbonisation and intelligent connected vehicles.
“Strong partnerships between BMW Group and Chinese partners will continue to deliver a win-win during the transformation of our industry,” he added.
Li had told the CEOs of several top German companies on Tuesday, including Mercedes Benz, that a lack of cooperation between the two nations was a major risk.
Reuters noted China was BMW Group’s largest product development location outside Germany and a core market for the company with 791,000 vehicles delivered there in 2022.
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