MUNICH: The BMW Group is speeding up the shift towards electromobility and strengthening its global network for production of electrified vehicles.
The company is investing 400 million euros in a new vehicle assembly at the main plant in Munich and concentrating its European production activities for internal combustion engines at the Steyr and Hams Hall locations.
“We are systematically implementing our electrification strategy. By the end of 2022, each of our German plants will be producing at least one fully electric vehicle,” according to Milan Nedeljković, member of the Board of Management of BMW AG responsible for Production.
The new assembly in Munich will be built on the site currently used for engine production. The combustion engines with four, six, eight and 12 cylinders produced there will be manufactured at the company’s locations in Steyr in Austria and Hams Hall in the UK going forward.
“Restructuring our engine production network is a strategic move geared towards the future. We are also boosting our efficiency and optimising our capacity utilisation,” explained Nedeljković.
Engine production will be relocated from Munich in stages by no later than 2024.
