BMW to Invest $2.1 Billion Into Battery Production at Hungary Plant
BMW is set to invest $2.1 billion into its Hungarian factory, to assemble batteries for its Neue Klasse of cars.
BMW is set to invest $2.1 billion into its Hungarian factory, to assemble batteries for its Neue Klasse of cars.
BMW has increased its investment at the Debrecen plant in Hungary to over €2 billion by 2025 to include a battery assembly facility as well.
BMW's upcoming Neue Klasse chassis will offer two different battery chemistries, with a maximum 800 km of range.
The Neue Klasse architecture can sustain power outputs as high as 1 megawatt (1340 hp) for future BMW EV models
ADVERTISEMENT
BMW will allegedly give the current-generation 3 Series another facelift later this decade to bring it in line with the Neue Klasse-based i3.
A new report sheds some light about the next-generation of electric vehicles from BMW, which will begin to arrive from 2025.
BMW will unveil a new Vision Car at the upcoming CES 2023. The visionary vehicle will underpin BMW's digital expertise
At least 6 BMW electric vehicles will enter production at the Spartanburg factory in South Carolina by 2030. Rumored models? iX3, iX5 and iX7
BMW R&D boss says the company can even deliver a four motor architecture up to one megawatt, or around 1,360 horsepower in a car
BMW is betting on digital processes to halve the weight of some components that will go into the new EVs based on the Neue Klasse.
When BMW launches the Neue Klasse platform, there will be two sporty new EVs; the BMW i4 Coupe and i4 Convertible.