OpenSourceElectriveabout 2 hours ago
BMW Invests 100 Million in Steyr E-Motors
3 min read
BMW invests over €100 million in a new manufacturing facility for inverter power module components in Steyr by summer 2029. This capital supports the Gen6 electric motors introduced in February 2025 for Neue Klasse cars. The plant will handle upstream supply chain and assembly, expanding expertise in electrical engineering while currently employing around 4,700 people.
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