It will continue to integrate responsible and sustainable practices throughout its entire value chain, contribute positively to Chinese society and provide its customers with the high-quality products and services that the BMW brand stands for.įinancial Information Financial information relating to equity accounted investments is summarised in the following tables (from a 100% perspective):ĭISCLOSURES RELATING TO THE BALANCE SHEET In 2021, BMW extended its CSR strategy to environmental protection with the launch of the BMW Beautiful Homeland Initiative.Īs a responsible corporate citizen of China, BBA is fully committed to developing local talent, creating high-quality jobs, actively supporting its partners, and contributing to the economic development of Shenyang, Liaoning Province and Northeast China. BMW CSR activities include caring for left-behind children with BMW JOY Home, safeguarding China’s intangible heritage with BMW China Culture Journey and improving road safety with BMW Children’s Traffic Safety Education. BMW CSR leverages BMW’s core strengths and stakeholders to solve real social problems, create shared value and contribute to Chinese society. BBA ranked No.1 in China’s Automotive Enterprise Green Development Index in 2021, and has received National Green Plant accreditation for 5 years in a row.Ĭorporate Social Responsibility (CSR) is an integral part of BBA’s sustainable development strategy. Through these actions, BBA is contributing to the BMW Group target of reducing CO2 emissions across the entire life cycle of a vehicle by at least 40% by 2030 from 2019 levels. It shares its best practices with its partners to establish CO2 disclosure mechanisms and energy management capabilities, to cascade sustainability into its value chain. Its production base is powered by 100% renewable electricity and features circular systems for steel and aluminum. As well as lowering its fleet emissions by launching more electrified and low-emission vehicles, BBA has significantly reduced its CO2 emissions, energy consumption, and water consumption per vehicle produced over the years. Sustainability is central to BBA’s corporate strategy. BBA continues to expand its production footprint in Shenyang, with a complete new plant and a major plant structure extension opening in 2022. The Tiexi location is also home to an R&D Center and Powertrain Plant, which produces BMW Group’s latest generation of 3 and 4 cylinder engines and Gen 5 high-voltage batteries. In 2021, BBA produced more than 700,000 BMW vehicles across its two vehicle plants – Plant Dadong and Plant Tiexi. It currently manufactures the BMW 1 Series Sedan, BMW 3 Series (long and standard wheelbase), All New BMW i3, BMW 5 Series long wheelbase (and plug-in hybrid variant), BMW X1 long wheelbase (and plug-in hybrid variant), BMW X2, BMW X3 and BMW iX3, and All New BMW X5. Guided by the BMW iFACTORY production masterplan, its plants produce technology-leading BMW products using the latest advanced manufacturing processes and digital innovations. Its national sales and service network of 683 BMW outlets has a leading reputation for customer satisfaction among premium automotive brands in China.īBA’s Shenyang production base is the largest in the BMW Group global production network. BBA produced more than 700,000 BMW cars in 2021, making it – for the first time – the largest producer of premium cars in China. The joint venture has around 23,000 employees, more than 430 local content suppliers, and has been the top taxpayer in Shenyang for 16 consecutive years. BBA has a state-of-the-art production base in Shenyang, Liaoning Province, branch companies in Beijing and Shanghai, and a subsidiary named Lingyue Digital Information Technology Ltd., with offices in Beijing and Nanjing. BBA is focused on high-quality development, and aspires to be the leading sustainable provider of first-class individual mobility across the entire value chain of China’s automotive industry. Its business operations include R&D, procurement, production, sales and after-sales services of BMW automobiles in China. (BBA) is a joint venture between BMW Group and Brilliance Group. Founded in May 2003, BMW Brilliance Automotive Ltd.
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