4/25/2024
Markets & Industries
Report
BMW Group continues to invest in German plant
The BMW Group's Landshut plant is expanding its production capacities and extending the manufacturing of the central housing for the electric drive unit of the New Class. The automotive manufacturer is investing an additional 200 million euros for this purpose, bringing the total investment to around one billion euros at the German site since 2020.
About 500 million euros of this investment has been used for the plant’s expansion to cover electric mobility. The annual production capacity for the aluminum housings has increased by approximately 30 percent. In 2023, the Landshut plant produced around 3.6 million cast components among other things. Now, a new production hall is being constructed, spanning three levels.