Bayerische Motoren Werke (XE:BMW)
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6 Months : From Sep 2019 to Mar 2020
By Max Bernhard
BMW AG (BMW.XE) said Monday that it is investing 400 million euros ($440.6 million) in its Dingolfing plant in Bavaria to ready the site for production of it pure battery-electric, as well as highly automated cars.
By 2021, the German luxury car maker plans to produce its iNext electric model at the site--its largest European production location.
"With the launch of the BMW iNext in 2021, Plant Dingolfing will be capable of producing the right mix of fully-electric vehicles, plug-in hybrids and models with combustion engines to suit demand on a single assembly line," the company said.
Write to Max Bernhard at email@example.com; @mxbernhard
(END) Dow Jones Newswires
December 02, 2019 03:37 ET (08:37 GMT)
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