Cimco Marine enters into supply and development agreement with BMW
Cimco Marine AB (publ) has today entered into a supply and development agreement with Bayerische Motoren Werke Aktiengesellschaft, BMW, regarding BMW’s supply of the BMW TwinPower Turbo Inline-6-Cylinder Diesel Engine and selected parts and components. The engine is a 3 litre twin turbo diesel motor.
Cimco Marine intends to make an initial order of about 900 BMW engines for 2020 followed by volume purchase of 2,000 engines in 2021 and 3080 engines in 2022. The planned start for production of the OXE Diesel outboards based on the BMW engine is in April 2020.
Read the full press release here.