BMW Korea to spend ￦60 billion expanding logistics center

BMW Korea will invest 60 billion won ($54 million) from 2021 through 2023 to expand its logistics center located in Pyeongtaek, Gyeonggi.

BMW Korea's logistics center in Pyeongtaek, Gyeonggi. [BMW KOREA]

BMW Korea will invest 60 billion won ($54 million) from 2021 through 2023 to expand its logistics center located in Pyeongtaek, Gyeonggi.

The capacity of predelivery inspection, or PDI, will expand from the current 78,000 units to 120,000 units. With growing demand for electric vehicles, the Pyeongtaek center will add charging infrastructure able to charge 70,000 cars per year based on its i3 model.

Storage capacity will also expand from the current 11,000 vehicles to 18,000, enlarging the center’s floor space from 248,769 square meters (61 acres) to 443,760 square meters by 2023.

The company invested 25 billion won in its Pyeongtaek facilities in 2016 to expand its capacity from 4,800 cars to 9,000.

BMW Korea was the second-most popular imported carmaker last year, selling 58,393 vehicles in 2020, up by 32.1 percent from the previous year.

BY JIN EUN-SOO [jin.eunsoo@joongang.co.kr]