By Mauro Orru 
 

BMW AG said Wednesday that it will invest more than 100 million euros ($117.3 million) by 2022 in a plant in Germany for the production of battery modules as the company prepares for rising sales of electrified vehicles.

The German car maker said its Leipzig plant would start manufacturing battery modules in mid-2021.

 

Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94

 

(END) Dow Jones Newswires

September 23, 2020 06:54 ET (10:54 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
Bayerische Motoren Werke (TG:BMW)
Gráfico Histórico do Ativo
De Mar 2024 até Abr 2024 Click aqui para mais gráficos Bayerische Motoren Werke.
Bayerische Motoren Werke (TG:BMW)
Gráfico Histórico do Ativo
De Abr 2023 até Abr 2024 Click aqui para mais gráficos Bayerische Motoren Werke.