BMW is set to invest €800 million in Mexico, to produce its next generation of high-voltage and fully electric batteries
The carmaker is looking to convert more than half of its sales into all-electric cars by 2030.
Construction will begin next year with production beginning in 2027.
The announcement follows several other major expansions from the automaker in recent months, including a $1.7 billion investment in the United States.
The move will add around 1,000 new jobs to its Mexico operations.
