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BMW Invests €2 Billion in German EV Batteries

By Drooid · · How we work

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Story summary
  • BMW Group is investing roughly two billion euros in German vehicle production and battery manufacturing.
  • Raymond Wittmann said the new 3 Series demonstrates the investment.
  • BMW spent about one billion euros upgrading Munich and Dingolfing plants for the next-generation 3 Series.
  • BMW invested around one billion euros in the Irlbach-Straßkirchen battery plant in Lower Bavaria.
  • From October, Irlbach-Straßkirchen will supply sixth-generation high-voltage batteries to Munich for the all-electric i3.