For the hilly line of the Müglitztalbahn from Mügeln to Geising-Altenberg the Sächsische Maschinenfabrik in Chemnitz developed an eight-coupled locomotive which, it was envisaged, would handle this route better that the hitherto deployed Saxon Classes I K and IV K. In 1901 and from 1905 to 1907 a total of nine locomotives were placed in service.

Whilst the new type of drive using Klien-Lindner axles allowed the 0-8-0T engines to negotiate tight curves, in the end the new Class V K proved just as complicated and maintenance-intensive as the tried and tested IV K. For that reason no more were procured, despite their better starting characteristics.

Two pull rods arranged in a cross enabled the transverse movement of the two hollow axles to be set by the same amount.

The water supplies were carried in side tanks; the coal was stored in a bunker behind the cab.

After the conversion of the Müglitztalbahn to standard gauge in the 1930s the locomotives were transferred to other lines.