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BMW announced an increase of 20 billion yuan in China, going all out to meet the "new generation" of domestic production!

author:Cover News

Cover News Reporter Li Jilong

On April 26, the cover news learned from the BMW Group that BMW announced that it would deepen its layout in China and plan to increase its investment in the Shenyang production base by 20 billion yuan. 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.

BMW announced an increase of 20 billion yuan in China, going all out to meet the "new generation" of domestic production!

Hao Peng, Secretary of the Liaoning Provincial Party Committee and Chairman of the Standing Committee of the Liaoning Provincial People's Congress, Li Lecheng, Deputy Secretary of the Liaoning Provincial Party Committee and Governor of Liaoning Province, and Zipzer, Chairman of the BMW Group, witnessed the signing of the Memorandum of Understanding (MoU). The BMW Group and BMW Brilliance will take the new investment as an opportunity to leverage the local production of BMW's "Next Generation" models to deepen strategic cooperation with Liaoning Province and Shenyang in multiple areas such as industrial upgrading, technological innovation, supply chain strengthening, and talent training, promote the high-quality development of new energy and intelligent connected industry clusters in Northeast China, and promote the transformation of the manufacturing industry to a more efficient, smarter and greener direction with new quality productivity.

BMW announced an increase of 20 billion yuan in China, going all out to meet the "new generation" of domestic production!

Hao Peng said: "The BMW Group is a world-renowned century-old car company, which has developed rapidly in the fields of new energy vehicles and autonomous driving in recent years, maintaining its leading position in the industry. For more than 20 years, the BMW Group has been deeply rooted in Liaoning, and Shenyang has become the world's largest production base of the BMW Group. At present, Liaoning's economic and social development trend continues to improve, laying a solid foundation for further deepening cooperation with the BMW Group. Liaoning will continue to firmly support the development of BMW Brilliance, and take this signing as a new starting point to push the cooperation between the two sides to a new height, and jointly create a model and model for Sino-German economic and trade cooperation. ”

BMW announced an increase of 20 billion yuan in China, going all out to meet the "new generation" of domestic production!

"The cooperation between the BMW Group and Liaoning is a model of mutual benefit and win-win. Liaoning Province and Shenyang City have been providing strong support to the BMW Group's investment and development in Liaoning, for which we are deeply grateful. 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. ”

BMW announced an increase of 20 billion yuan in China, going all out to meet the "new generation" of domestic production!

In fact, the BMW Group's "Next Generation" is not just a car, but marks the beginning of a new generation of BMW's product range, which represents a leap forward in BMW's ability to innovate in design, technology and overall production. The "next-generation" model will be produced in China in 2026. 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.

BMW announced an increase of 20 billion yuan in China, going all out to meet the "new generation" of domestic production!

It is worth noting that in line with the long-term commitment of "Home in China", BMW's Shenyang production base has invested a total of 105 billion yuan since 2010. With the continuous increase of investment in China and the continuous upgrading of production bases, the BMW Group will further contribute to the new quality productivity of China's automotive industry and inject new impetus into the economic development of Liaoning Province and Shenyang City.

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