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BMW invests over €100 million in e-motor production in Steyr

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BMW invests over €100 million in e-motor production in Steyr

BMW plans to establish state-of-the-art production of power electronics and inverter components at its plant in Austria by 2029. This initiative aims to strengthen the technological expertise of the Steyr plant, increase value creation within the company, and further anchor key know-how for electric mobility in Austria.

By the planned start of production in summer 2029, BMW aims to invest more than €100 million in a new manufacturing facility for inverter power module components. The plant will install the required extra production steps for the Gen6 electric motors introduced in February 2025 for Neue Klasse electric cars, which are already being produced on two lines in Steyr. This will consolidate more value creation at the site, as BMW announced on Tuesday.

At the heart of this is the power module that BMW describes as the core component of the inverter (also known as a converter). In the future, the site will be responsible for both the upstream supply chain and assembly of this component. This will expand the plant’s expertise in electrical engineering and make it more flexible in sourcing critical components.

Harald Gottsche, Managing Director of BMW Motoren GmbH, states: “With our entry into electric drivetrain production, we have demonstrated that we master transformation in Steyr. By manufacturing the power module in-house, we are now delving even deeper into electrical engineering and can flexibly source components such as semiconductors on global markets. This improves our competitive position and reduces dependencies in a geopolitically sensitive technology field.”


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