BMW completes USD 1.7 billion South Carolina expansion investment
- BMW completed a USD 1.7 billion investment to expand its South Carolina operations, adding capacity at Plant Spartanburg and building the new Plant Woodruff.
- The projects set up U.S. assembly of fully electric BMW vehicles, with the BMW iX5 slated to start production in late 2026.
- BMW targets assembly of at least six fully electric models in the U.S. by 2030, supported by locally assembled high-voltage batteries from Woodruff.
- Plant Spartanburg will be able to build the new X5 on one line with five drivetrain types, lifting manufacturing flexibility for global demand.
- BMW said U.S. operations support more than 120,000 jobs, contributing more than USD 43.3 billion a year to the U.S. economy.
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