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BMW to Build New R&D Center in S. Korea by 2024

BMW Group Korea has started the construction of a new research and development center near Seoul that will absorb the function of the existing R&D unit within the BMW Driving Center in Incheon.

Located at the Cheongna Incheon Hi-Tech Park in Incheon, the new R&D center will boost cooperation with local partners in future mobility solutions.

BMW Korea will cooperate with the Korean government, Korean firms and colleges, and local research centers in developing future mobility technologies, such as autonomous driving, connectivity, and electrification, it said.

From January to April, BMW Group Korea sold a combined 26,653 units of its three brands — BMW, MINI, and Rolls-Royce, down 6 percent from 28,387 year-on-year, according to the Korea Automobile Importers and Distributors Association.

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