BMW Steyr plant opts for a mix of electric and combustion
Published
The BMW plant in Steyr, Upper Austria, is repositioning itself for the future of the automotive industry. The company is pursuing a strategy of so-called "technology openness." This means that the site does not rely on just one type of drive system, but offers various solutions in parallel.
In recent years, the plant has significantly expanded its production. In addition to traditionally manufactured combustion engines, BMW now also produces modern electric drive systems in Steyr. These are manufactured directly on-site with a high level of vertical integration, which underscores the importance of the location for the entire group.
The decision for this strategy is a reaction to global changes in the automotive sector. While the demand for electric cars is rising worldwide, there continues to be a need for efficient combustion engines. By producing both types of drive systems, BMW aims to react flexibly to customer wishes and the various markets.
For Austria as a business location, this development is an important signal. Through investments in new technologies, the plant in Steyr secures numerous jobs and remains a central pillar of Austrian industry. The combination of proven engine technology and future-oriented electromobility is intended to guarantee the long-term success of the site.
Sources: austria.com
More Austria news
- Austrian property funds face ongoing return pressure
- Austrians cut back on clothing and shoes as retail slows
- 51 students finish AI Engineering master at FH Technikum Wien
- FH OÖ hosts info days on 27 and 28 November at four campuses
- JKU Linz develops modular buses to cut energy and running costs
- AGES opens new high-security zoonosis lab in Mödling
- US consumer prices rise more than expected
- Finance Departments Remain Hesitant on Digitalisation and AI