BMW will invest $1 billion in its sprawling factory near Spartanburg, South Carolina, to start producing electric vehicles and an additional $700 million to build a electric-battery plant nearby.
Cells from the Envision factory will be shipped to the 1-million-square-foot plant in Woodruff, where they will be assembled into battery packs for the electric SUVs built at the larger plant. Assembling cells into packs takes far less labor than manufacturing the cells.
The BMW plant already builds lithium-ion battery modules for two plug-in gas-electric hybrid SUVs that are constructed at the site. The plant in Greer, which opened 30 years ago, now builds 11 SUV models. BMW says the plant has made the company the largest automotive exporter in the U.S. based on vehicle value.
Since breaking ground on the plant in 1992, the company has invested $12 billion in South Carolina. It’s the German automaker’s largest factory, Zipse noted.announcements in North America as automakers try to establish a domestic supply chain for the next generation of vehicle propulsion.
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