BMW retools Munich factory for all-electric production

BMW Neue Klasse production Munich — BMW will build Neue Klasse EVs at the company's Munich factory starting in 2026. The Vision Neue Klasse is pictured with a 1960s Neue Klasse model behind it. (Fabian Kirchbauer/Fabian Kirchbauer Photography)

By:

Reuters

January 10, 2024 02:42 PM

BMW is investing 650 million euros ($711 million) to convert its main plant in Munich to exclusively produce EVs from the end of 2027, a major stepping stone in the transition to the electric age.

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