(News Bulletin 247) – As part of the deployment of its electromobility plan, the BMW group is announcing a $1.7 billion investment plan in the United States.
A billion dollars will be devoted to developing the production of electric vehicles in the group’s factory in South Carolina, in Spartanburg, via an extension of the site.
The remaining $700 million will finance the construction of a high-voltage battery assembly site near Woodruff (South Carolina).
‘For decades, the Spartanburg plant has been the cornerstone of the BMW Group’s global success. Going forward, this site will also be a major driver for our electrification strategy,” said Oliver Zipse, Chairman of the Board.
The group plans to build ‘at least six fully electric models in the United States by 2030’
To this end, the BMW group has also announced the signing of an agreement with Envision AESC for the supply of battery cells to the Spartanburg plant, with Envision AESC also planning to build a new plant in the state.
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