BMW to build electric-cars in Leipzig, sales start mid-2013

BMW Group announced today that it will produce electric-vehicles at its plant in Leipzig with major components from an additional investment in a number of facilities in Bavaria. BMW said that the whole move will be a joint venture with SGL Carbon, SGL Automotive Fibers GmbH & Co KG, carbon fiber fabrics will be produced in Wackersdorf and processed to CFRP components for the new vehicle at BMW Plant Landshut.

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“The BMW Group will build the car of the future in Leipzig with high-tech innovations from Bavaria,” said Chairman Norbert Reithofer. “The main reasons behind this decision are the qualities that Germany has to offer: we have a tried and tested production network here and high levels of education and outstanding competencies at our disposal.”

The first BMW electric-vehicles, internally known by its project name of Megacity Vehicle, are scheduled to roll off the line in mid-2013. The vehicle is being developed as part of project i and will be sold under a sub-brand of BMW, the company said in a statement.

– By: Omar Rana