BMW starts production at new $2.2 bln China plant to ramp up EV output
The plant is designed to be capable of producing battery-powered electric cars only
BMW said on Thursday that production has formally begun at a new plant in China with an investment of $2.24 billion as the carmaker accelerates electric vehicle (EV) production.
Qazet.az reports that the Lydia plant will increase BMW's annual output in the world's biggest auto market to 830,000 vehicles from 700,000 in 2021, the company said.
The plant is designed to be capable of producing battery-powered electric cars only according to market demand on its flexible manufacturing lines, BMW said.
The first model that will roll off the Lydia plant's production lines is the i3, a pure electric mid-sized sports sedan, BMW said, increasing the range of its EV models for Chinese customers to 13 next year.