BMW on Wednesday announced plans to start manufacturing e-vehicles at the plant in Spartanburg, South Carolina, as well as plans to build a new battery assembly plant also in Spartanburg County. (Video above: WYFF News 4 morning headlines) The company announced a $1.7 billion investment in its U.S. operations, including $1 billion to prepare electric vehicle production in Spartanburg and $700 million to build the new high-voltage battery assembly plant in Woodruff. BMW said production of the new BMW XM electric-hybrid will start later this year. They said they expect at least six all-electric BMW models to be built in South Carolina by 2030. Company officials said BMW has partnered with Envision AESC, which will build a new battery cell factory in Woodruff, to supply the plant. in Spartanburg. The new high-voltage battery assembly facility in Woodruff will create 300 new jobs and encompass more than one million square feet. History of the BMW Plant in Spartanburg: The BMW Plant in Spartanburg was established 30 years ago and began producing vehicles two years later. Since then, the plant has become the global center of competence for BMW Sports Activity Vehicles and a key component of the company’s worldwide production network. The plant currently represents an investment of almost $12 billion, has more than 11,000 employees and has an annual capacity of up to 450,000 vehicles. Till the date. More than six million BMW vehicles have been built in South Carolina for the US and world markets. Building on this strength, BMW has been the largest US automobile exporter by value for the past eight years. Five quick facts about Wednesday’s announcement: The BMW Group is investing $1.7 billion in US operations to expand its manufacturing capacity and presence in South Carolina. $1 billion total investment to prepare the Spartanburg plant to produce battery electric vehicles. $700 million total investment to build a new high-voltage battery assembly facility in Woodruff that will create 300 new jobs. The BMW Group has partnered with Envision AESC, which will build a new battery cell factory in SC, to supply the Spartanburg plant. At least six fully electric BMW models to be built in South Carolina by 2030.
BMW on Wednesday announced plans to start manufacturing e-vehicles at the plant in Spartanburg, South Carolina, as well as plans to build a new battery assembly plant also in Spartanburg County.
(Video above: WYFF News 4 morning headlines)
The company announced a $1.7 billion investment in its U.S. operations, including $1 billion to prepare electric vehicle production in Spartanburg and $700 million to build the new high-voltage battery assembly plant in Woodruff.
BMW said production of the new hybrid-electric BMW XM will start later this year.
They said they expect at least six all-electric BMW models to be built in South Carolina by 2030.
Company officials said BMW has partnered with Envision AESC, which will build a new battery cell factory in Woodruff, to supply the plant in Spartanburg.
The new high-voltage battery assembly facility in Woodruff will create 300 new jobs and encompass more than one million square feet.
History of the Spartanburg BMW plant:
The BMW plant in Spartanburg was established 30 years ago and began producing vehicles two years later.
Since then, the plant has become the global center of competence for BMW Sports Activity Vehicles and a key component of the company’s worldwide production network.
The plant currently represents an investment of almost $12 billion, has more than 11,000 employees and has an annual capacity of up to 450,000 vehicles.
Till the date. More than six million BMW vehicles have been built in South Carolina for the US and world markets.
Building on this strength, BMW has been the largest US automobile exporter by value for the past eight years.
Five quick facts about Wednesday’s announcement:
- The BMW Group is investing $1.7 billion in US operations to expand its manufacturing capacity and presence in South Carolina.
- $1 billion total investment to prepare the Spartanburg plant to produce battery electric vehicles.
- $700 million total investment to build a new high-voltage battery assembly facility in Woodruff that will create 300 new jobs.
- The BMW Group has partnered with Envision AESC, which will build a new battery cell factory in SC, to supply the Spartanburg plant.
- At least six fully electric BMW models to be built in South Carolina by 2030.