The BMW Group’s latest European production facility scheduled to open in Hungary will produce electric vehicles.
Oliver Zipse, BMW AG board member for production says in the future, every BMW Group plant in Europe will be equipped to produce electrified as well as conventional vehicles.
“Our new plant in Hungary will also be able to manufacture both combustion and electrified BMW models – all on a single production line. It will bring greater capacity to our worldwide production network. When production commences, the plant will set new standards in flexibility, digitalisation and productivity.”
The new Hungarian plan is near the town of Debrecen, will cost about €1 billion, offer capacity of up to 150,000 units a year and create over 1000 new jobs.
“The BMW Group’s decision to build this new plant reaffirms our perspective for global growth. After significant investments in China, Mexico and the USA, we are now strengthening our activities in Europe to maintain a worldwide balance of production between Asia, America and our home continent,” says Harald Krüger, chairman of the BMW AG Board of Management.
“Europe is the BMW Group’s largest production location. In 2018 alone we are investing more than €1 billion in our German sites to upgrade and prepare them for electric mobility.”
Debrecen was chosen primarily for its very good infrastructure, suitable logistics connections and proximity to the established supplier network.
