BMW has completed a $1.7 billion investment in its U.S. manufacturing facilities as the automaker prepares to ramp up electric vehicle production in the country.
BMW has completed a $1.7 billion investment across its production facilities in South Carolina, marking a major step in its electric vehicle expansion strategy in the United States.
According to Reuters, the German automaker has completed expanding its main manufacturing plant in Spartanburg and finished construction of a new battery assembly plant in Woodruff, improving its EV production capabilities.
BMW said the iX5 SUV will become its first fully electric model produced in the U.S., with production planned to begin in late 2026. The company also plans to assemble at least five additional fully electric models in the country by 2030.
The Spartanburg plant remains the main manufacturing hub for BMW, exporting nearly half of its production to global markets, including Europe.
“The completion of our investments in Plant Spartanburg and Plant Woodruff demonstrates our confidence in the United States and reinforces South Carolina’s role at the center of BMW Group’s global operations,” said CEO Milan Nedeljkovic.
The investment marks BMW’s continued focus on expanding EV manufacturing as global automakers accelerate the shift toward electric mobility amid rising demand and tightening emissions regulations.
