BMW’s historical plant in Munich, Germany, will transition to construction electrical automobiles on the finish of 2027, the automaker introduced on Wednesday.

The plant, which is adjoining to BMW’s international headquarters, dates again to 1922, when BMW constructed airplane engines. It’s been churning out automobiles since 1952, beginning with the BMW 501.

BMW has earmarked 650 million euros (roughly $714 million) to become the plant for quantity EV manufacturing, together with increasing the web site with an extra meeting house and a brand new frame store.

To liberate area, engine manufacturing used to be moved remaining yr to websites in Austria and the U.Okay. It method BMW now not builds any engines in Germany.

Artist’s influence of upgraded BMW plant in Munich, Germany

The Munich plant is recently chargeable for the 3-Sequence and 4-Sequence traces, and can construct the remaining combustion variations in past due 2027. More or less 1,000 automobiles are assembled on the web site in step with day. In 2026, the plant will get started manufacturing of a Neue Klasse EV, a sedan considered a member of the next-generation 3-Sequence circle of relatives.

The primary Neue Klasse EV will input manufacturing in 2025 at a brand new plant in Debrecen, Hungary. Neue Klasse EVs also are scheduled to be constructed at vegetation in China and North The united states this decade.

Neue Klasse, German for “New Elegance,” is a code-name for a higher era of BMW EVs that may use a newly advanced platform. The automobiles can even introduce new design topics for the outside and cabins of BMW automobiles, which have been previewed remaining yr at the Imaginative and prescient Neue Klasse thought. BMW CEO Oliver Zipse mentioned on the disclose that the concept that is an in depth illustration of the impending Neue Klasse sedan.

The sedan can be adopted intently by way of an SUV, a prototype for which has been noticed. The SUV shall be a member of the next-generation X3 circle of relatives. The sedan and SUV can be adopted in fast succession by way of 4 extra Neue Klasse EVs, prone to be further frame types relatively distinct type traces.