European Chemical Industry News & Insights

BMW to Invest Over €2 Billion in Hungarian Plant by 2025

At a glance
  • The plant will create over 500 jobs and invest more than €2 billion by 2025.
  • High-voltage battery assembly will start in 2025, alongside vehicle production.
  • The facility will cover 140,000 m² and began construction recently.
  • Battery cells will use recycled cobalt, lithium, and nickel, reducing carbon footprint by up to 60%.

Investment and Job Creation

The BMW Group is investing over €2 billion in its new plant in Debrecen, Hungary, which will create more than 500 additional jobs. The plant, which started construction six months ago, will be fully operational by the end of 2025.

Advanced Battery Assembly

The Debrecen site will feature a high-voltage battery assembly for BMW's NEUE KLASSE vehicles. The assembly will be integrated with the vehicle production plant, ensuring short logistics distances. Production of the sixth-generation high-voltage batteries will begin in 2025, in parallel with vehicle production.

Educational Initiatives

BMW is recruiting locally and across Hungary to staff the new plant. In collaboration with local educational partners, the company will launch a dual education program in autumn 2023 at its in-house Training Centre.

Sustainability Efforts

The new battery cells will improve range by up to 30% and charging speed by up to 30%. BMW aims to minimize the carbon footprint and resource consumption in battery production by using recycled cobalt, lithium, and nickel, and committing to renewable energy sources. This approach is expected to reduce the carbon footprint of battery cell production by up to 60%.