Close Menu
  • Homepage
  • News
  • Cloud & AI
  • ECommerce
  • Entertainment
  • Finance
  • Opinion
  • Podcast
  • Contact

Subscribe to Updates

Get the latest technology news from TechFinancials News about FinTech, Tech, Business, Telecoms and Connected Life.

What's Hot

How Local Leaders Can Shift Their Trajectory In 2026

2026-01-23

The EX60 Cross Country: Built For The “Go Anywhere” Attitude

2026-01-23

Why Legal Businesses Must Lead Digital Transformation Rather Than Chase It

2026-01-23
Facebook X (Twitter) Instagram
Trending
  • How Local Leaders Can Shift Their Trajectory In 2026
Facebook X (Twitter) Instagram YouTube LinkedIn WhatsApp RSS
TechFinancials
  • Homepage
  • News
  • Cloud & AI
  • ECommerce
  • Entertainment
  • Finance
  • Opinion
  • Podcast
  • Contact
TechFinancials
Home»Boardroom Games»BMW Invests R4.2 Billion To Produce Electric X3 At Rosslyn Plant
Boardroom Games

BMW Invests R4.2 Billion To Produce Electric X3 At Rosslyn Plant

Gugu LourieBy Gugu Lourie2023-06-29Updated:2023-06-30No Comments3 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email
BMW
BMW
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

BMW will be investing R4.2 billion over five years to prepare its manufacturing plant in Rosslyn in Pretoria for the electro mobility era.

Fifty years ago, Plant Rosslyn was the BMW Group’s first foreign facility.

It has since become a mainstay of the global production network.

To mark its silver jubilee, Milan Nedeljković, BMW AG Board Member for Production, has now announced the electrification of Plant Rosslyn.

Speaking in South Africa, he said: “From 2024 we will manufacture the BMW X3 as a plug-in hybrid for global export in South Africa. An investment of 4.2 billion rand (over 200 million euros) will ready Plant Rosslyn for electromobility.”

The investment will be accompanied by specialist training for more than 300 employees at the plant.

Plant Rosslyn has produced more than 1.6 million vehicles to date and exported them to more than 40 countries worldwide, including 14 nations in Africa.

Its production portfolio has included the BMW 1800 SA and BMW 2000 SA as well as the BMW 5 Series and 7 Series.

BMW
BMW

For decades it was a cornerstone of BMW 3 Series production, and it has been manufacturing the BMW X3 since 2018 – the best-selling BMW.

Its establishment marked the start of BMW’s globalisation.

Today, the BMW Group sells vehicles in more than 140 countries around the world and operates manufacturing facilities in 15.

BMW
BMW

Nedeljković, who is also Chairman of the Board of Management of BMW South Africa, emphasised that the BMW Group does more than just make cars in the country: “In South Africa we have not just set up a plant that offers employment and contributes to the country’s industrialisation; for the last 50 years, we have also demonstrated the meaning of social responsibility.”

Also important to the BMW Group is the issue of resource conservation. Since 2015 Plant Rosslyn has sourced part of its energy from a nearby biogas plant (Bio2Watt), steadily reducing its CO2 footprint.

BMW
BMW

It also partners various organisations so that the waste it produces is reused instead of being disposed of. Together with Envirolite, for example, it ensures that scrap polystyrene is reprocessed for use as a building material. This has enabled the construction of more than 650 low-cost houses since the project was launched a good two years ago.

But it’s not only the BMW Group’s plant that plays an important role in South Africa: last year the company opened further offices there as well, for its global IT hub.

BMW
BMW

They are now home to some 2,000 employees providing global IT services for the BMW Group. Owing to its size and its specific characteristics as a market, South Africa is also the perfect place to pilot innovations. In 2020, for example, the BMW Group piloted direct sales with trading partners in South Africa. It was able to gain extensive experience from the project and constantly strives to provide the best premium customer experience in the industry.

BMW
BMW

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Gugu Lourie
  • Website

Related Posts

The EX60 Cross Country: Built For The “Go Anywhere” Attitude

2026-01-23

Why Legal Businesses Must Lead Digital Transformation Rather Than Chase It

2026-01-23

Mettus Launches Splendi App To Help Young South Africans Manage Their Credit Health

2026-01-22

Strengthen Enterprise Resilience with Cohesity’s Advanced AI-powered Data Security Platform

2026-01-13

Data Centres Could Be The Spark Africa’s Power Sector Needs

2026-01-02

Vodacom Launches Value News Network (VNN), A Digital Platform Showcasing Extraordinary Value Deals

2025-12-11

Leveraging Virtualisation for Enterprise Migration to Windows 11

Sponsor: Axiz2025-12-01

Online Livestock Trading Platform SwiftVEE Secures Series A from Top African Investors

2025-11-27

Over R270M In Phuthuma Nathi Dividends Remain Unclaimed

2025-11-27
Leave A Reply Cancel Reply

DON'T MISS
Breaking News

Chery SA to Buy Nissan Rosslyn Plant, Save Jobs

In a major development for South Africa’s automotive industry, Nissan and Chery SA have reached…

Directing The Dual Workforce In The Age of AI Agents

2026-01-22

Huawei Says The Next Wave Of Infrastructure Investment Must Include People, Not Only Platforms

2026-01-21

South Africa: Best Starting Point In Years, With 3 Clear Priorities Ahead

2026-01-12
Stay In Touch
  • Facebook
  • Twitter
  • YouTube
  • LinkedIn
OUR PICKS

The EX60 Cross Country: Built For The “Go Anywhere” Attitude

2026-01-23

Why Legal Businesses Must Lead Digital Transformation Rather Than Chase It

2026-01-23

Mettus Launches Splendi App To Help Young South Africans Manage Their Credit Health

2026-01-22

Over R270M In Phuthuma Nathi Dividends Remain Unclaimed

2025-11-27

Subscribe to Updates

Get the latest tech news from TechFinancials about telecoms, fintech and connected life.

About Us

TechFinancials delivers in-depth analysis of tech, digital revolution, fintech, e-commerce, digital banking and breaking tech news.

Facebook X (Twitter) Instagram YouTube LinkedIn WhatsApp Reddit RSS
Our Picks

How Local Leaders Can Shift Their Trajectory In 2026

2026-01-23

The EX60 Cross Country: Built For The “Go Anywhere” Attitude

2026-01-23

Why Legal Businesses Must Lead Digital Transformation Rather Than Chase It

2026-01-23
Recent Posts
  • How Local Leaders Can Shift Their Trajectory In 2026
  • The EX60 Cross Country: Built For The “Go Anywhere” Attitude
  • Why Legal Businesses Must Lead Digital Transformation Rather Than Chase It
  • Why Rezor’s Exchange Launch Sets a New Benchmark for Web3 Founders — Rahul Rohit Parikh Story of Determination
  • Chery SA to Buy Nissan Rosslyn Plant, Save Jobs
TechFinancials
RSS Facebook X (Twitter) LinkedIn YouTube WhatsApp
  • Homepage
  • Newsletter
  • Contact
  • Advertise
  • Privacy Policy
  • About
© 2026 TechFinancials. Designed by TFS Media. TechFinancials brings you trusted, around-the-clock news on African tech, crypto, and finance. Our goal is to keep you informed in this fast-moving digital world. Now, the serious part (please read this): Trading is Risky: Buying and selling things like cryptocurrencies and CFDs is very risky. Because of leverage, you can lose your money much faster than you might expect. We Are Not Advisors: We are a news website. We do not provide investment, legal, or financial advice. Our content is for information and education only. Do Your Own Research: Never rely on a single source. Always conduct your own research before making any financial decision. A link to another company is not our stamp of approval. You Are Responsible: Your investments are your own. You could lose some or all of your money. Past performance does not predict future results. In short: We report the news. You make the decisions, and you take the risks. Please be careful.

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.