June 30 (Reuters) - BMW on Tuesday announced the completion of a $1.7 billion investment in its production plants in South Carolina, gearing up for the launch of fully electric vehicle production in the country.
• The German carmaker said it completed the expansion of its main plant in Spartanburg as well as the construction of a new plant in Woodruff
• BMW's iX5 SUV will be its first fully electric model made in the U.S., starting from late 2026
• At least five more fully electric models are scheduled to be assembled in the U.S. by 2030
• The Spartanburg plant, which exports around half of its output, caters to the European SUV market and others
• The German carmaker said it completed the expansion of its main plant in Spartanburg as well as the construction of a new plant in Woodruff
• BMW's iX5 SUV will be its first fully electric model made in the U.S., starting from late 2026
• At least five more fully electric models are scheduled to be assembled in the U.S. by 2030
• The Spartanburg plant, which exports around half of its output, caters to the European SUV market and others
1 month ago