BMW announces plans to build electric cars

BMW announces plans to build electric cars

BMW announced Wednesday its plans to begin making electronic vehicles at the plant in Spartanburg, South Carolina, as well as plans to build a new battery assembly facility also in Spartanburg County.(Video above: Morning headlines from WYFF News 4) The company announced a $1.7 billion investment in its United States operations, including $1 billion to prepare for the production of the electric vehicles in Spartanburg and $700 million to build the new high-voltage battery assembly facility in Woodruff.BMW said production of the all-new hybrid-electric BMW XM will begin later this year. They said they expect at least six fully electric BMW models to be built in South Carolina by 2030.Company officials said BMW 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 over one million square feet. Spartanburg BMW plant history: 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 critical component 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. To date. more than six million BMW vehicles have been built in South Carolina — for the U.S. and global markets. Based on this strength, BMW has been the largest automotive exporter from the U.S. by value for the past eight years. Five fast facts on the Wednesday announcement: The BMW Group is investing $1.7 billion in U.S. operations to expand its manufacturing capacity and footprint in South Carolina. $1 billion of total investment to prepare the Spartanburg plant to produce battery electric vehicles. $700 million of 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 S.C., to supply the Spartanburg Plant. At least six fully electric BMW models to be built in S.C. by 2030.

GREER, S.C. —

BMW announced Wednesday its plans to begin making electronic vehicles at the plant in Spartanburg, South Carolina, as well as plans to build a new battery assembly facility also in Spartanburg County.

(Video above: Morning headlines from WYFF News 4)

The company announced a $1.7 billion investment in its United States operations, including $1 billion to prepare for the production of the electric vehicles in Spartanburg and $700 million to build the new high-voltage battery assembly facility in Woodruff.

BMW said production of the all-new hybrid-electric BMW XM will begin later this year.

They said they expect at least six fully electric BMW models to be built in South Carolina by 2030.

Company officials said BMW 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 over one million square feet.

Spartanburg BMW plant history:

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 critical component 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.

To date. more than six million BMW vehicles have been built in South Carolina — for the U.S. and global markets.

Based on this strength, BMW has been the largest automotive exporter from the U.S. by value for the past eight years.

Five fast facts on the Wednesday announcement:

  • The BMW Group is investing $1.7 billion in U.S. operations to expand its manufacturing capacity and footprint in South Carolina.
  • $1 billion of total investment to prepare the Spartanburg plant to produce battery electric vehicles.
  • $700 million of 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 S.C., to supply the Spartanburg Plant.
  • At least six fully electric BMW models to be built in S.C. by 2030.
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