BMW developing electric vehicles plant in Leipzig, Germany

The company said that it is also making additional investments in a number of facilities in Bavaria to produce components for the electric vehicles.

“The BMW Group will build the electric car of the future in Leipzig with high-tech innovations from Bavaria,” said Norbert Reithofer, chairman of BMW AG. “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 Megacity Vehicle is part of “project i,” a solution for sustainable mobility in urban environments, and is due to reach the market in the first half of the decade under a sub-brand of BMW.

BMW says this new electric car will not be a BMW but will be sold as a sub-brand in the next few years. That could mean BMW will create an all-new electric brand or it could be sold as a Mini. The Leipzig plant opened in 2005 and can produce up to 730 vehicles a day, according to the company’s website.