Borgward Group AG is to acquire a 140,000 square metre site in theCargo Distribution Center (Gu¨terverkehrsztentrum/GVZ) in the western part of Bremen, Germany.
In the first stage of construction, the automaker plans to build a SKD/CKD assembly facility for the completion of up to 50,000 vehicles per year.
The objective is to ensure that the SKD/CKD assembly facility can be changed into a full-scale production plant if demand for the vehicles requires.
In addition to the production facility, plans include a test track, a delivery centre and a brand studio.
Borgward intends to start construction of the facility by early 2018. Production is scheduled to begin in 2019.
Along with suppliers that have already been announced, such as Continental, Kuka, Schäffler/SKF, BorgWarner, and Webasto, Bosch will play a major role in the production of all electric vehicles while electronics company LG will do the same with batteries.
According to just-auto's research database PLDB, the BX5, which went on sale in China during March 2017, might be the first model for the plant to assemble.
