The German car manufacturer BMW has announced an investment of 800 million euros to expand its production of electric cars at its plant in San Luis Potosí, in northern Mexico. “With this new investment, our San Luis Potosí plant will play a central role in the transition of the BMW Group to electromobility,” said Harald Gottsche, president of the BMW plant in San Luis Potosí.
In a press release, BMW production manager Milan Nedeljkovic said that this envelope will enable the creation of “a thousand jobs.” In addition, 500 million of the 800 million euros announced will be allocated to the construction of a high-voltage battery factory in Mexico, with an area of 85,000 square meters.
This investment responds to the expansion of the production plans of the German automobile manufacturer for its new generation of electric cars, BMW has justified. At its San Luis Potosí plant, which opened in 2019, 3,000 employees currently produce the BMW 3 Series, 2 Series Coupé and M2 models, some of which are for export.
lithium mining
For its part, the Mexican government continues to promote the implementation of the Sonora Plan in the north of the country, which will allow the exploitation of lithium, necessary for the production of batteries for electric cars and solar energy.
Mexico, whose authorities seek to attract companies from the automotive industry, is the seventh world producer of vehicles and is already home to several automakers such as Audi, Ford, General Motors and Volkswagen.
Several companies, including General Motors, have begun to shift their activities and are now turning to the production of electric vehicles, mainly for export.
Source: BFM TV
