BMW invests $1,7 billion in EV production in the US

On Wednesday, the BMW Group announced a $1,7 billion investment in its US operations, including $1 billion to prepare for the production of electric vehicles at the company’s existing US manufacturing facility in Spartanburg, South Carolina, and $700 million to build a new high-voltage battery assembly facility nearby Woodruff. By 2030, BMW Group will build
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