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BMW completes $1.7 billion investment in EV production at U.S. plants
Key takeaways
- BMW completes $1.7 billion investment in EV production at U.S. plants FILE PHOTO: A logo of BMW is seen inside a car dealer in Nijmegen, Netherlands February 26, 2025.
- • The German carmaker said it completed the expansion of its main plant in Spartanburg as well as the construction of a new plant in Woodruff
- • BMW's iX5 SUV will be its first fully electric model made in the U.S., starting from late 2026
BMW completes $1.7 billion investment in EV production at U.S. plants FILE PHOTO: A logo of BMW is seen inside a car dealer in Nijmegen, Netherlands February 26, 2025. REUTERS/Piroschka van de Wouw/File Photo · Reuters Reuters Tue, June 30, 2026 at 10:16 PM GMT+7 1 min read BMW.DE June 30 (Reuters) - BMW on Tuesday announced the completion of a $1.7 billion investment in its production plants in South Carolina, gearing up for the launch of fully electric vehicle production in the country.
• The German carmaker said it completed the expansion of its main plant in Spartanburg as well as the construction of a new plant in Woodruff
• BMW's iX5 SUV will be its first fully electric model made in the U.S., starting from late 2026
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