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20 billion! BMW has just officially announced that it will increase its capital to promote the new generation of domestic production

author:Red Star News

On April 26, BMW announced that it will deepen its presence in China and plan to invest an additional CNY 20 billion in its Shenyang production base. The investment will focus on large-scale upgrades and technological innovations at the Dadong Plant, the birthplace of BMW production in China, laying a solid foundation for the launch of local production of BMW's "Next Generation" models in 2026 and demonstrating the BMW Group's long-term commitment to the Chinese market.

20 billion! BMW has just officially announced that it will increase its capital to promote the new generation of domestic production

BMW Group Chairman Philip Zipzer said: "In Shenyang, BMW is forging the future. Our 'Next Generation' undoubtedly marks the largest investment in the BMW Group's history and heralds a new era of personal and intelligent mobility driven by innovation and technology." By 2026, the first Chinese-made 'new generation' model will roll off the production line from the Shenyang production site. The new RMB 20 billion investment plan announced today further underscores China's central position in the BMW Group's move towards the future of connected vehicles (ICVs). This not only demonstrates our success in China over the past 30 years, but also expresses our firm confidence in the future. ”

20 billion! BMW has just officially announced that it will increase its capital to promote the new generation of domestic production

The BMW Group's "Next Generation" is not just a car, but marks the beginning of a new product range for the next generation of BMW, which represents a leap forward in BMW's design, technology and overall production innovation capabilities. The total investment of the sixth-generation power battery project for the "new generation" model is 10 billion yuan. The main building of the project was fully completed in Shenyang in November last year, and it is planned to complete the installation of equipment within this year, and officially open in 2026. Since 2010, BMW's Shenyang production base has invested a total of 105 billion yuan. With further investment, the Shenyang production base will continue to set a new industry benchmark in terms of intelligent manufacturing and green production.

Red Star News reporter Liu Aini

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20 billion! BMW has just officially announced that it will increase its capital to promote the new generation of domestic production

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