MUNICH — Automakers are racing to expand and reconfigure their global factory footprint as the industry pivots from fossil fuel to battery power.
Electric vehicle juggernaut Tesla erected three gigafactories across three continents in about three years.
The mission to add capacity is vital because carmakers cannot sell what they don't have. The question is: Can it be done faster?
BMW Group now plans to slash the time it takes to build a new factory by 30 to 40 percent, the automaker's production boss Milan Nedeljkovic told Automotive News ahead of this month's Munich auto show.