BMW makes a big announcement about its upstate future

BMW makes a big announcement about its upstate future

BMW on Wednesday announced plans to begin manufacturing electronic 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 all-new BMW XM hybrid-electric will begin 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 plant in Woodruff to supply the Spartanburg plant. The new high-voltage battery assembly facility in Woodruff will create 300 new jobs and cover more than one million square feet. History of BMW Spartanburg Plant: BMW Spartanburg Plant was established 30 years ago and started producing vehicles two years later. Since then, the plant has become the global competence center for BMW Sports Activity Vehicles and an essential part of the company’s global production network. The plant currently represents an investment of nearly $12 billion, has more than 11,000 employees and has an annual capacity of up to 450,000 vehicles. Nowadays. more than six million BMW vehicles have been built in South Carolina – for US and global markets. Based on this strength, BMW has been the largest US auto exporter by value for the past eight years. Five quick facts about Wednesday’s announcement: The BMW Group is investing $1.7 billion in its US operations to expand its manufacturing capacity and footprint in South Carolina. $1 billion total investment to prepare the Spartanburg plant to produce battery electric vehicles. A total investment of $700 million to build a new high-voltage battery assembly plant in Woodruff that will create 300 new jobs. The BMW Group has partnered with Envision AESC, which will build a new battery cell plant at SC, to supply the Spartanburg plant. At least six fully electric BMW models will be built in SC by 2030.

BMW on Wednesday announced plans to begin manufacturing electronic 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 battery assembly plant high voltage in Woodruff.

BMW said production of the all-new BMW XM hybrid-electric will begin 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 plant in Woodruff, to supply the Spartanburg plant.

The new high-voltage battery assembly facility in Woodruff will create 300 new jobs and cover more than one million square feet.

History of the BMW plant in Spartanburg:

The BMW plant in Spartanburg was established 30 years ago and started producing vehicles two years later.

Since then, the plant has become the global competence center for BMW Sports Activity Vehicles and an essential part of the company’s global production network.

The plant currently represents an investment of nearly $12 billion, has more than 11,000 employees and has an annual capacity of up to 450,000 vehicles.

Nowadays. more than six million BMW vehicles have been built in South Carolina – for US and global markets.

Based on this strength, BMW has been the largest US auto exporter by value for the past eight years.

Five quick facts about Wednesday’s announcement:

  • The BMW Group is investing $1.7 billion in its US operations to expand its manufacturing capacity and footprint in South Carolina.
  • $1 billion total investment to prepare the Spartanburg plant to produce battery electric vehicles.
  • A total investment of $700 million to build a new high-voltage battery assembly plant in Woodruff that will create 300 new jobs.
  • The BMW Group has partnered with Envision AESC, which will build a new battery cell plant at SC, to supply the Spartanburg plant.
  • At least six fully electric BMW models will be built in SC by 2030.

#BMW #big #announcement #upstate #future

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