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    Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, chaired the annual review meeting with MDs and CEOs of Public Sector Banks in New Delhi today

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  • Home
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    Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman Highlights Key Policy Measures to Promote Export-led Growth at Exim Bank’s Trade Conclave

    Tobacco control efforts protect 6.1 billion people – WHO’s new report

    MB Patil Showcases Karnataka’s Investment Potential During Denmark Roadshow

    Roche’s Lunsumio and Polivy combination significantly prolongs remission for people with relapsed or refractory large B-cell lymphoma

    | Meghna Ghodawa-
PHOTO CREDIT-

    Beat the monsoon greys in style with India’s first UPF resort-wear line by Meghna Ghodawat

    PHOTO CREDIT:The Jamaica Tourist Board (JTB)

    Jamaica Tourism Launches a Brand-New Campaign “70 Days of Jamaica Love” to Celebrate 70 Years of Jamaica

  • National
    • All
    • Economy & Politics
    • Election

    Tata ClassEdge Limited Announces Strategic Collaboration with Tata STRIVE to Bridge Education and Employability

    MiQ Sigma: Built at MiQ’s Bengaluru Centre of Excellence (CoE), the Industry’s First AI Platform That Unifies the Programmatic Ecosystem

    TECNO Gears up to Launch POVA 7 Series with Bold New Delta Interface on July 4, Exclusively on Flipkart

    60% of Indians Sleep less than 6 Hours Nightly as Sleep Supplements Surge 650%

    SOUL Festival Announces its Third Chapter – 9th to 13th October at Soneva Fushi

    New Passenger Reservation System Capable of generating over 1.5 lakh rail tickets per minute, i.e. about five times the current capacity of 32000 tickets in a minute, to be ready by year end.

  • Business

    Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, chaired the annual review meeting with MDs and CEOs of Public Sector Banks in New Delhi today

    Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman visits International Financial Services Centre (IFSC) at GIFT City, Gandhinagar, today

    Sarbananda Sonowal Inaugurates India’s First Maritime NBFC — Sagarmala Finance Corporation Limited (SMFCL)

  • Health

    Apollo Cancer Centres Launches ‘CanWin’.

    Protect and Perfect: How Face Yoga and Sunscreen Can Transform Your Skin

    Panasonic-partners-with-MeitY-Nasscom-Centre

    Panasonic partners with MeitY Nasscom Centre of Excellence (CoE) to accelerate innovation in Smart Residential Living

    Herbalife Logo

    Herbalife’s Aloin Identification Method for Aloe Vera Officially Recognized by AOAC INTERNATIONAL

    “Indian patients no longer need to look abroad for advanced treatment,” said Dr. Sharat Damodar, Senior Consultant, Haematologist and Head of Adult BMT at Narayana Health City, Bengaluru and Chairman of the Oncology Collegium at Narayana Health.

    WHO issues first global guideline to improve pregnancy care for women with sickle cell disease

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    MiQ Sigma: Built at MiQ’s Bengaluru Centre of Excellence (CoE), the Industry’s First AI Platform That Unifies the Programmatic Ecosystem

    TECNO Gears up to Launch POVA 7 Series with Bold New Delta Interface on July 4, Exclusively on Flipkart

    Jockey Woman continues to shape India’s intimate wear landscape with strategic expansion

    AMD Unveils Vision for an Open AI Ecosystem, Detailing New Silicon, Software and Systems at Advancing AI 2025

    U.S. Insurers to More than Double AI Investment in the Next 3-5 Years: Wipro Report

    Union Minister for Agriculture and Farmers Welfare Shivraj Singh Chouhan to visit Hyderabad on Monday

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    PHOTO CREDIT:Amruta Fadnavis

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    A New Era in Luxury Weddings – Vogue Wedding Atelier Debuts in India

    GenS Life and Dowith Lit Present ‘Senior Spotlight’: Bengaluru’s Open Mic Celebration for the 55+

    PMJ Jewels Launches PMJ SuperStar Bracelet and ‘Celebrating Daughters’ Campaign

    ‘Waves’ an OTT platform that offers clean family-friendly content: Sunil Bhatiya, Deputy Director General, Doordarshan Kendra, Panaji

    Sri Sai Gold Palace’s 7th store inaugurated in Malleshwaram,Bengaluru.

    Lulu Mall Hosts Bangalore’s Biggest Non-Alcoholic Holi Celebration

  • Lifestyle
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    TECNO Gears up to Launch POVA 7 Series with Bold New Delta Interface on July 4, Exclusively on Flipkart

    60% of Indians Sleep less than 6 Hours Nightly as Sleep Supplements Surge 650%

    SOUL Festival Announces its Third Chapter – 9th to 13th October at Soneva Fushi

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BMW Group to invest more than 2 billion euros in Hungarian Plant Debrecen by 2025

FWM by FWM
November 25, 2022
in Auto
0

25.11.2022  
+++ In addition to vehicle production, BMW Group builds high-voltage battery assembly at Plant Debrecen

+++ More than 500 additional jobs to be created by 2025

+++ Production of NEUE KLASSE starts here

Debrecen, Hungary. TheBMW Group is building a high-voltage battery assembly for the vehicles of the NEUE KLASSE at its site in Hungary. The battery assembly will be located on the site of the Debrecen vehicle plant, which started construction about six months ago. The company will create more than 500 additional jobs and invest over two billion euros in the construction and launch of the entire plant by the end of 2025.

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Milan Nedeljkovic, member of the Board of Management of BMW AG, Production, said: “In Debrecen, we are building the most advanced plant in the world. With our iFACTORY, we are setting new industry standards for vehicle production. Our investments underline our systematic approach to implementing e-mobility.”

The new announcements were also welcomed by the Hungarian government. Péter Szijjártó, Minister of Foreign Affairs and Trade of Hungary, said: “The BMW Group plant in Debrecen is a symbol of the successful Hungarian economic policy of the past twelve years. The plant combines environmental protection and competitiveness, and that is much more than we have originally planned.”

BMW Group hiring and training in Debrecen.

“We are currently recruiting new colleagues locally and from all over Hungary, so we can build the future of BMW Group Plant Debrecen together,” explains Hans-Peter Kemser, President and CEO of BMW Manufacturing Hungary Kft. The plant, together with local partners in education, will launch a dual education programme in autumn 2023 at its in-house Training Centre.

László Papp, the Mayor of Debrecen, emphasised the role of the BMW Group for the city: „With its investment in Debrecen, in addition to creating new jobs, the BMW Group makes a long-term commitment to the community of our city. We are building a thriving future together.”

Short distances: high-voltage battery assembly at vehicle plant.

The assembly of high-voltage batteries will be located on the site of the Debrecen vehicle plant. Markus Fallböhmer, Senior Vice President of Battery Production at the BMW Group, explains: “The BMW iFACTORY is also about ensuring short distances for logistics. The close link between battery assembly and vehicle production is part of our strategy.”

In Debrecen, the next-generation round battery cells will be assembled into a battery housing – a metal frame, which is later integrated into the underbody of the car. The official start of production for the sixth generation high-voltage batteries will be in 2025 – in parallel with the start of vehicle production. All batteries for the vehicles from Plant Debrecen will be assembled on site. The new production facility will extend over an area of about 140,000 m². Construction work recently began.

Gen6 batteries: major steps in customer benefit and sustainability.

The battery is decisive for the competitiveness of electric vehicles. With the next generation of batteries for the NEUE KLASSE, range will improve by up to 30 percent, and the charging speed will be up to 30 percent faster.

The BMW Group is particularly focused on keeping the carbon footprint and consumption of resources for production as low as possible, starting in the supply chain. Cell manufacturers will use cobalt, lithium and nickel that include a percentage of secondary material, i.e. raw materials that are not newly mined, but already in the loop, in production of battery cells. Combined with the commitment to use only green power from renewable energies for production of battery cells, the BMW Group will reduce the carbon footprint of battery cell production by up to 60 percent.

FWM

FWM

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