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

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

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

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20th October 2022, 07:28	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 153,541	BMW will spend $1.7 billion to build EVs in the US 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. https://www.engadget.com/bmw-spend-1...1.html?src=rss

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