BMZ To Triple Production Capacity Li-Ion Batteries
KARLSTEIN, Germany – Europe’s leading e-bike battery supplier is again reaching its limits. In order to be able to meet the still rapidly growing demand for lithium-ion batteries BMZ GmbH is already this year expanding as part of an investment plan that runs up to 2020.
Just four years after the current production facilities were built BMZ is entering into a 45 million euro investment schedule for the extension of their R&D and manufacturing capacities at the company’s HQ in Germany. The first two of a total of six new production, laboratory and office buildings are to go into operation in 2015; the official ground-breaking ceremony was on February 2nd.
80 million lithium-ion batteries
Thee investment program will quadruple the area available in Germany in the coming years from the current 12,000 m² to 55,000 m². It will enable the company to produce up to 80 million lithium-ion batteries of various sizes with a total storage capacity of around 5 GWh annually.
500 million threshold
Currently BMZ, founded in 1994, is the largest independent European lithium-ion battery system developer and manufacturer with more than 1,200 employees worldwide. In 2014, the company reached a turnover of some 300 million euro. The 500 million threshold is expected to be broken in 2020 at the latest.
Manufacturing activities in Germany
In order to create the necessary production capacities the company, which also has its own assembly facilities in China, Poland and the USA, wants to continue to invest heavily above all in the industrial base in Germany in the coming years. “Apart from the most modern equipment and a well-functioning infrastructure, what a high-tech company like BMZ needs above all, is highly motivated and well-qualified staff. As a manufacturer of especially high-quality and long-lasting rechargeable battery systems, we will continue to expand not only our development, but also our manufacturing activities in Germany, presumed we find sufficient employees in Germany,” said BMZ general manager Sven Bauer at the groundbreaking ceremony for the new buildings.