BMW will spend $1.7 billion to build EVs in the US

@ 2022/10/20
It's a big day for huge EV investments in the US. The Biden admin announced it's awarding $2.8 billion to companies developing EV battery materials earlier today, and now BMW says it'll be investing another $1.7 billion towards building electric vehicles in America. $1 billion will go towards expanding its Spartanburg, South Carolina manufacturing plant to build EVs, while the remaining $700 million is earmarked to build a high-voltage battery facility in a nearby town called Woodruff.

No comments available.

 

 

Copyright © 2001-2011 Madshrimps, All rights reserved.
Graphic Design by Dennis Kestelle, Programming by Maarten Menten, Overall Site design by John Meys

All information and graphics contained in Madshrimps are sole property of the Madshrimps crew and may not be reproduced or copied in any manner without written permission from us.

Madshrimps