If you needed a bigger sign that the current zeitgeist of vehicle transportation is electric, look no further than BMW’s recent investment of €200 million for what the German brand is calling a “battery cell competence centre.”
The rather large capital expenditure, based in Munich, centers around the German brand’s commitment to electric vehicles, and its desire to develop next-generation electric drivetrains.
Specifically, the battery cell facility will allow BMW to explore new battery cell designs, chemistries, and technologies, so it can better work with battery cell manufacturers for the automotive company’s growing needs.