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 max.bernhard@dowjones.com; @mxbernhard

 

(END) Dow Jones Newswires

December 02, 2019 03:37 ET (08:37 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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