BMW is set to expand its electric vehicle (EV) and battery manufacturing capabilities within the US, with plans possibly featuring a new battery assembly line and additional cell coating lines at its existing facility in Leipzig, Germany. The luxury automaker claims that the batteries will power its upcoming fully electric Mini Countryman crossover.
BMW’s electric vehicle (EV) batteries are set to gain significant capabilities.
Earlier this year, a report emerged suggesting that BMW is shifting production of its electric Mini models from the UK to Germany and China in an effort to streamline manufacturing processes.
The iconic German luxury brand is poised to introduce enhanced battery capacity in a series of highly anticipated Mini Electric Vehicle debuts, marking a significant milestone in its sustainability efforts. By 2023, BMW plans to unveil a fully electric version of the Mini Countryman, with production slated for its Leipzig facility in Germany.
As well as, the new Mini Aceman is expected to debut in 2024, marking the brand’s entry into the all-electric market with its first fully electric Mini crossover Sport Activity Vehicle (SAV).
To support the successful launch of its new model, BMW plans to undertake a comprehensive marketing campaign that includes.
By 2024, the company plans to launch a third battery manufacturing line and five new cell varnishing lines at its Leipzig plant in Germany, with an additional two high-voltage battery production lines to follow subsequently.
BMW currently manufactures electric vehicle (EV) batteries at four production sites: its Dingolfing and Regensburg facilities in Germany, the Spartanburg plant in the United States, and its Shenyang location.
Just days after unveiling plans to potentially manufacture electric vehicles (EV) and batteries within the US, a $1.7 billion investment was announced, with $1 billion earmarked for expanding BMW’s Spartanburg plant in South Carolina. Alternatively, the additional $700 million will be invested in establishing a state-of-the-art high-voltage battery manufacturing facility in nearby Woodruff, North Carolina.
BMW aims to boost its electric vehicle production by a significant margin, projecting a sale of approximately 242,500 units in the current year, effectively doubling its 2021 output and accomplishing its objective of reaching a 10% share of total revenue from EVs. By 2030, BMW aims to derive half of its total revenues from the sale of electric vehicles. Compared to other major European manufacturers, German rival Mercedes-Benz aims to shift towards an all-electric fleet by 2030, while Audi plans to make a full transition to electric vehicles by 2026.
