+++ 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. The BMW 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.

Milan Nedeljković, 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.”

+++ Innovative event concept for award ceremony at BMW Welt in Munich +++ Sixth BMW Group Supplier Innovation Award presented +++ Purchasing head Post: “Award recognises innovation and cooperative partnership with our suppliers – especially in challenging times” +++

Munich. Innovations form the basis for the economic success and future competitiveness of the BMW Group. Suppliers’ ability to innovate plays an important part in this, making a vital contribution by driving developments forward and enabling the use of outstanding technologies in BMW Group vehicles. In recognition of this, the company presented its BMW Group Supplier Innovation Award to suppliers who have made an extraordinary contribution to innovations for the sixth time this year.

“Innovations are key to the success of our transformation towards electromobility, digitalisation and sustainability. Our award ceremony recognises innovation and cooperative partnership with our suppliers – especially in challenging times,” said Joachim Post, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network at the ceremony held at BMW Welt in Munich.

The coveted award was presented in a total of six categories: drive train and e-mobility, sustainability, digitalisation, customer experience, newcomer of the year and exceptional team performance.

“The future will increasingly be decided by innovations and technologies,” said Post over the course of the evening, which he hosted together with his digital co-moderator, Aumovis. He continued: “You must have the courage to tackle a challenge – even if it seems to be unattainable and others don’t give the idea much chance of success.”

+++ New supply agreements in US and China +++ Lower CO₂ emissions for over one third of global steel purchasing volume +++ Focus on innovative technologies, renewable energies and circular economy +++

Munich. The BMW Group is systematically pursuing its climate goals for the supplier network and significantly reducing the carbon footprint of its steel sourcing. Following initial contracts with European suppliers, the BMW Group has now concluded further agreements for the supply of CO₂-reduced steel in the US and China.

“Steel is one of the main sources of CO₂ emissions in our supply chain. That is why we are comprehensively reorganising our steel portfolio – so we can supply our global production network with over on third of CO₂-reduced steel from 2026. This will reduce the carbon footprint of our supply chain by 900,000 tonnes per year, while at the same time driving the transformation of the steel industry,” said Joachim Post, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network.

In the medium term, the BMW Group will increase CO₂ savings through agreements with additional steel suppliers and thus consistently drive forward the decarbonization of its supplier network. Around 20 percent of supply chain CO₂ emissions for a mid-sized fully-electric vehicle are attributable to steel – which comes in third, after battery cells and aluminium. With its versatile properties, steel is nevertheless one of the key materials for automotive manufacturing and will be no less important for future vehicle concepts and generations.