BMW says the battery pack will be 50% cheaper using a cylindrical cell design and different chemistry. It offers 20% higher density, 30% more range and 30% faster charging time than the current 5th generation.
Helps reduce costs Neue Classe BMW CFO Nicholas Peter said on Wednesday that these models could achieve similar profit margins to comparable internal combustion engine vehicles.
as a whole, Neue Classe The car will be 50% less than BMW’s current EV, Peter says. Production will begin first at a new purpose-built plant in Debrecen, Hungary. In 2027, it will follow the then automaker’s flagship plant in Munich, China, and San Luis Potosi, Mexico.
BMW’s largest factory in Spartanburg, South Carolina, Neue Classe The automaker says it plans to produce models by 2030 and build a new battery pack assembly plant in nearby Woodruff. BMW announced last fall that it would invest $1.7 billion in Spartanburg’s new model preparations and $700 million in battery facilities.