The BMW Group is expanding its production capacity for electric drives.
From 2021, the Leipzig plant will produce high-voltage batteries and battery components for the high-voltage batteries of the BMW Group's electrified vehicles.
By 2022, the company targets to invest more than $161 million in the site to prepare for the steadily increasing sales of electrified vehicles, strengthening its role as a pioneer in e-mobility.
To date, the high-voltage batteries for all electrified vehicles of the BMW and MINI brands have been produced at the three in-house battery production facilities in Dingolfing, Germany, Spartanburg, U.S.A and Shenyang, China.
The large-series production of battery modules at the Leipzig site is scheduled to start as early as in mid-2021.