(June 3): BMW AG plans to build 360,000 electric-vehicle charging sites in China this year, as the German automaker steps up its efforts to capture a larger slice of the world’s biggest EV market.

And BMW’s Chinese plants plan to be carbon-neutral by the end of the year as part of a move to reduce emissions in the production chain by 80% by 2030. The moves were part of a series of steps outlined at the company’s first Sustainability China Summit in Beijing on Thursday.