During the BMW Group Annual Conference 2023 held in mid-March, the luxury brand announced plans to launch an iX2 as a new member of the growing EV portfolio. Speaking with German enthusiast magazine Bimmer Today, the head of the Regensburg factory revealed series production will commence by the end of the year. The electric crossover is going to be assembled alongside the conventionally shaped iX1 at the plant located in eastern Bavaria.
To make it happen, BMW is investing more than €350 million ($385M at current exchange rates) and hiring approximately 500 new workers. As early as 2024, the automaker estimates at least one-third of all vehicles produced in Regensburg will be EVs, with the other two-thirds representing conventionally powered X1s and X2s. The former is also available with a variety of plug-in hybrid powertrains.
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