Green Car Congress
MAY 19, 2023
To mark the 20 th anniversary of the BMW Brilliance Automotive Ltd. BBA) joint venture, Milan Nedeljković, member of the Board of Management of BMW AG responsible for Production, announced local production of the NEUE KLASSE in China. More than half the vehicles the BMW Group sells worldwide should be fully electric before 2030.
Green Car Congress
NOVEMBER 26, 2022
The BMW Group is building a high-voltage battery assembly for the vehicles of the NEUE KLASSE at its site in Hungary. The BMW iFACTORY is also about ensuring short distances for logistics. —Markus Fallböhmer, Senior Vice President of Battery Production at the BMW Group.
Green Car Congress
FEBRUARY 5, 2023
The BMW Group is investing €800 million in Plant San Luis Potosí in Mexico for integration of fully-electric models of NEUE KLASSE and construction of local high-voltage battery assembly. BMW Group Plant SLP We are systematically gearing our production network towards electromobility. Earlier post.)
Teslarati
NOVEMBER 25, 2022
BMW has announced that it will nearly double its investment in a planned EV production facility in Hungary and add battery production capabilities to the facility as well. BMW has been rapidly expanding its EV lineup and production over the past year , and it’s clear they have no intention of stopping.
Green Car Congress
MARCH 27, 2020
The decline of the European new car market has continued throughout February. As of 29 February, JATO data has shown that the impact of COVID-19 had yet to hit the European automotive market. The volume of electrified vehicles more than doubled in Germany and France—their biggest markets. This is also pre-COVID-19.
Teslarati
MARCH 20, 2022
Stellantis and SDI entered into a multi-billion-dollar joint venture (JV) in October 2021 to produce lithium-ion batteries for the North American market. Currently, the company operates battery manufacturing plants in Korea, Hungary, China, and Malaysia. 5 battery in the SUV BMW iX and iX coupe. Samsung SDI Batteries.
Teslarati
OCTOBER 11, 2022
The expectations come as the electric vehicle battery market benefits from the rise of EVs in the general automotive sector. Among the most notable of these facilities is in Hungary with Mercedes-Benz AG. BMW would be receiving batteries from CATL’s upcoming battery factories in China and Europe. billion yuan ($1.4
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