Close Menu
    • ABOUT
    • BOOK STORE
    • ENTREPRENEURSHIP
    • ESG
    • EVENTS & AWARDS
    • POLITICS
    • GADGETS
    • CONTACT
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    Business Explainer
    Subscribe
    • TRENDING
    • EXECUTIVES
    • COMPANIES
    • STARTUPS
    • GLOBAL
    • AGRICULTURE
    • DEALS
    • ECONOMY
    • MOTORING
    • TECHNOLOGY
    Business Explainer
    Home » BMW charges ahead in South Africa: investing R4.2bn to spark electric car production
    DEALS

    BMW charges ahead in South Africa: investing R4.2bn to spark electric car production

    June 29, 20231 Min Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email Telegram WhatsApp
    Follow Us
    Google News
    BMW SA chairperson Milan Nedeljkovic
    Share
    Facebook Twitter LinkedIn Email Copy Link

    German carmaker BMW is investing R4.2bn in its South African subsidiary to manufacture electric cars.

    1. Starting from the second half of next year, BMW Group SA will produce plug-in hybrid versions of the X3 SUV alongside petrol and diesel variants.
    2. BMW’s Rosslyn assembly plant in Tshwane will be the sole BMW facility worldwide to manufacture a hybrid version of the next-generation X3.
    3. The Rosslyn plant has produced over 300,000 vehicles, mainly for export, and has manufactured nearly 1.6 million vehicles since 1973, with a focus on the 3-Series cars.
    4. The investment aims to secure the future of BMW Group Plant Rosslyn and support over 20,000 direct and indirect jobs within BMW Group South Africa’s facilities and supply chain.
    5. Despite challenges such as load-shedding, BMW SA remains optimistic and committed to sustainable production, with plans to increase the plant’s biogas power utilization in the coming years.
    Follow on Google News
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link WhatsApp

    Related Posts

    Carmakers Team Up on Vehicle Software

    September 3, 2026

    Amazon Storefront Expands Access to Shonaquip Accessories

    September 3, 2026

    Vida Deal Puts Shoprite inside a Rival’s Stores

    September 2, 2026

    Media Bodies Unite to Support Freelancers

    August 31, 2026
    Top Posts

    Absa Launches Grant Fund to Back Young Entrepreneurs

    July 26, 20263,102

    Old Mutual Shareholders Reject CEO Pay Plan

    July 16, 20262,953

    PIC Board Suspends Its CEO

    July 13, 20262,755

    Avatar Confirms Ngubane’s Abrupt Exit as Co-Chief Creative Officer

    July 22, 20262,449
    Don't Miss

    IDC Finance Chief Goes as Auditors Flag Reporting Failures

    September 4, 2026 EXECUTIVES

    Industrial Development Corporation chief financial officer Isaac Malevu has resigned and will leave at the…

    Clicks Launches Township Convenience Brand 

    September 3, 2026

    Marriott Opens Dual-Branded Hotel and Apartments in Kampala 

    September 3, 2026

    Radical Economic Transformation – This Time The Right Kind

    September 3, 2026
    Stay In Touch
    • Twitter
    • LinkedIn
    • Facebook

    Business Explainer proudly displays the “FAIR” stamp of the Press Council of South Africa, indicating our commitment to adhere to the Code of Ethics for Print and online media which prescribes that our reportage is truthful, accurate and fair. Should you wish to lodge a complaint about our news coverage, please lodge a complaint on the Press Council’s website, www.presscouncil.org.za or email the complaint to khanyim@presscouncilsa.org.za Contact the Press Council on 011 4843612.

    Facebook X (Twitter) LinkedIn
    Categories
    • TRENDING
    • EXECUTIVES
    • COMPANIES
    • STARTUPS
    • GLOBAL
    • AGRICULTURE
    • DEALS
    • ECONOMY
    • MOTORING
    • TECHNOLOGY
    contact us
    • Get In Touch
    Facebook X (Twitter)
    • Privacy Policy
    © 2026 Business Explainer .

    Type above and press Enter to search. Press Esc to cancel.