Viewing a single comment thread. View all comments

Mongomann4711 t1_isz16vt wrote

Reply to comment by nopedoesntwork in BMW will build a $1.7 billion EV battery factory in South Carolina by Sorin61

No it is mostly owned by Quandt/Klatten family https://www.bmwgroup.com/de/investor-relations/aktie.html Other than that engineers of German OEMs have a certain reputation. Source: I am working at a Tier 1 supplier.

4

nopedoesntwork t1_isz2uhq wrote

According to Wikipedia, 53,2 % owned by others than quandt/klatten/german. https://de.wikipedia.org/wiki/BMW#Aktie_und_Aktion%C3%A4rsstruktur

−1

Mongomann4711 t1_isz3nal wrote

Yes, but they are the biggest shareholders and china is only 1.5%.

5

nopedoesntwork t1_isz57km wrote

46.8% is minority, not biggest. I'm not a trader, but got told that Chinese investors own most of the "other" shares.

−4