BORGWARD plans to build an assembly facility to produce up to 50,000 vehicles per year, the models assembled in the plant will include electric, plug-in-hybrid vehicles and other BORGWARD high-end versions which are expected to be sold across Europe and globally. The objective is to ensure that the assembly facility can be changed into a full-scale production plant if demand for the vehicles requires.
BORGWARD has signed a memorandum of understanding last October with the Bremen Government located in Germany to acquire a 140,000-square-meter site in the Industry Centre in the western part of Bremen. Construction of the facility will start by early 2018, and production is scheduled to begin in 2019.
Functioning as the heart of the brand’s Global EV automobile manufacturing themed on Industry 4.0, high-tech and green energy, BORGWARD’s Bremen facility will be equipped with a manufacturing centre, a brand experience centre, a delivery centre and a media centre, where the customers will also be able to enjoy experiences such as test drive and VIP delivery service.
“By taking this step, we are demonstrating our commitment to expand from Germany to the global market,” said Ulrich Walker, CEO of BORGWARD Group AG. “We are continuing to write the history of BORGWARD and are excited that the production facility in Bremen will become our worldwide competence centre for electric mobility.”