The BMW Group is further expanding its Germany- based production capacities for electric drives, as it was informed in the press release of the company Sep. 23.
From 2021, the Leipzig plant will also produce battery modules for the high-voltage batteries of the BMW Group’s electrified vehicles. By 2022, the company is investing more than 100 million euros in the site to prepare for the steadily increasing sales of electrified vehicles, strengthening its role as a pioneer in e-mobility.
The new production location was announced in Leipzig earlier Sep. 23 by the top managers of the company.
The large-series production of battery modules at the Leipzig site is scheduled to start as early as in mid-2021.
With its four brands BMW, MINI, Rolls-Royce and BMW Motorrad, the BMW Group is the world’s leading premium manufacturer of automobiles and motorcycles and also provides premium financial and mobility services. The BMW Group production network comprises 31 production and assembly facilities in 15 countries; the company has a global sales network in more than 140 countries.
In 2019, the BMW Group sold over 2.5 million passenger vehicles and more than 175,000 motorcycles worldwide. The profit before tax in the financial year 2019 was € 7.118 billion on revenues amounting to € 104.210 billion. As of 31 December 2019, the BMW Group had a workforce of 126,016 employees.
