BMW Says It is ‘Here For the Long Game’ in US As $1.7 Billion South Carolina EV Expansion Takes Shape - B

BMW Turns South Carolina Investment Into Reality

Mackensen, president and CEO of BMW of North America, told Fox Business on Monday that the investment marks a major milestone in the German automaker’s U.S. manufacturing strategy and shows BMW is doing more than making announcements.

"One thing is to announce an investment and another one is to actually do the investment, implement it, [and] build the expansion of this facility," Mackensen said.

The expansion, first announced in 2022, includes a $1 billion upgrade at BMW’s Plant Spartanburg and a $700 million battery assembly facility in nearby Woodruff, South Carolina. BMW had framed the investment as part of its broader U.S. electrification push.

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