BMW Group announces US$1.7 billion investment to build at least six EVs in the U.S. by 2030

20 October 2022, 13:07:09

BMW Group announces US$1.7 billion investment to build at least six EVs in the U.S. by 2030The BMW Group continues the roll-out of its electromobility plan with a new investment in the U.S. to expand Plant Spartanburg and the company’s manufacturing footprint in the U.S. BMW Group Chairman of the Board of Management, Oliver Zipse, announced today a UD$1.7 billion investment in its U.S. operations, including $1 billion to prepare for the production of electric vehicles at the company’s existing U.S. manufacturing facility in South Carolina, and $700 million to build a new high-voltage battery assembly facility in nearby Woodruff, SC. By 2030 BMW Group will build at least six fully electric models in the U.S.

Zipse was joined today at Plant Spartanburg by South Carolina Governor Henry McMaster, Secretary of Commerce Harry Lightsey III, Chairman of Spartanburg County Council Economic Development Committee, David Britt, and Woodruff, SC Mayor, Kenneth Gist as he also announced an agreement to source next-generation lithium-ion battery cells from Envision AESC, which will build a new plant in the state.

In line with the principle of "local for local,” the BMW Group aims to purchase battery cells for its electric vehicles where production takes place. The company has found a partner in Envision AESC, which will build a new battery cell factory in South Carolina, to supply Plant Spartanburg. Envision will produce newly developed round lithium-ion battery cells, which were specifically designed for the sixth generation of BMW eDrive technology, and will be used in the next generation electric vehicles. The annual capacity of the battery cell factory will be up to 30 GWh.

The new battery format will increase energy density by more than 20 percent, improve charging speed by up to 30 percent and enhance range by up to 30 percent. At the same time, CO2 emissions from cell production will be reduced by up to 60 percent through the partial use of secondary lithium, cobalt and nickel material, as well as renewable energy for production.

The cooperation with Envision AESC is an important step in the BMW Group's plan to strengthen its regional supply chains. The expansion of electric vehicle production in combination with a local battery cell factory will lead to the creation of new supply chains, new networks for sub-suppliers, and new jobs throughout the entire region.

BMW Group has already announced that four additional battery cell factories will be built in Europe and China to meet its demand for next generation battery cells. The cell factories are being built by partners and will each have an annual capacity of up to 20 GWh.

Of the new $1.7 billion investment announced today, $700 million will be used to build a new high-voltage BMW battery assembly center in Woodruff, SC, near Plant Spartanburg. The new facility will encompass over 1 million sq. ft., and produce next-generation batteries for fully electric vehicles. Around 300 new jobs will be created on-site.

Plant Spartanburg currently produces lithium-ion battery modules for the two plug-in hybrid electric vehicles built at the plant, the BMW X3 xDrive30e and BMW X5 xDrive45e. In 2021, nearly 70,000 electrified BMWs were built on-site. The site in Woodruff will also leverage the experience and expertise developed in Plant Spartanburg’s existing operations at the new facility.

In the U.S. BMW currently offers two fully electric vehicles including the BMW iX Sports Activity Vehicle and the BMW i4 Gran Coupe. The fully electric BMW i7 Sedan (power consumption in kWh/100 km combined: 19.6-18.4 WLTP) will come to market later this year and BMW will make a significant step forward.

Related news

News related to BMW, Envision or AESC

BMW releases its latest software upgrade for vehicles

At the beginning of the year, the BMW Group is once again updating the software in its vehicles with BMW iDrive Operating System 7 and 8. At present, a about 4.7 million BMW vehicles are upgradeable thanks to their hardware and BMW iDrive Operating System. Since 2019, BMW has been offering free remote software upgrades several times a year for infotainment, driving, driver assistance, comfort and safety. A recent...

23 January 2023

BMW and Solid Power deepen joint development partnership

Under an expanded Joint Development Agreement, BMW Group and Solid Power have added a research and development license as a basis for their common next steps. This license enables BMW to establish an ASSB prototype line in its CMCC (Cell Manufacturing Competence Center) in Parsdorf near Munich. The broadened relationship provides significant benefits to both companies, including conducting complementary cell...

23 January 2023

Report: Samsung SDI readies to build a third battery plant in Hungary for BMW BEVs

South Korean news outlet The Elec reports that Samsung SDI readies to build a third factory in Hungary that will produce batteries for the EV models of BMW. It is expected that the third plant will be near the other two already existing - near Goed. The Elec reports that the land on which the site will be built has already been purchased and that Samsung SDI is most likely to start construction in the first half of...

11 January 2023

Counterpoint: Tesla leads the US EV market

The latest Coutnerpoint research of the EV market noted down that Tesla is clearly leading the US EV market, and ts Q3 2022 "eclipsed the next 15 brands combined." The overall US EV sales grew by almost 52% YoY during Q3 2022 despite macroeconomic headwinds. BEV sales grew by more than 78% YoY during Q3 and constituted over 80% of the total US EV sales. Tesla sales in the US grew by more than 56% YoY during the...

5 January 2023

BMW of North America Reports Q4 2022 and Full Year 2022 U.S. Sales Results

BMW has reported its NA Q4 2022 and full-year 2022 US results. We're focusing on the EV sales only, hence, we will mention only those here. In March 2022, the fully electric BMW iX Sports Activity Vehicle and BMW i4 Gran Coupe began arriving at U.S. dealerships. In the nine months that followed, sales of the all-new electric vehicles increased steadily as inventory levels improved. A third fully electric model, the...

5 January 2023

BMW presents BMW i Vision Dee in Las Vegas

BMW Group is sharing its vision of the future digital experience, both inside and outside the vehicle, at CES 2023 in Las Vegas. BMW i Vision Dee is a futuristic mid-size sedan with a new and pared-down design language. The name “Dee” stands for Digital Emotional Experience – and that is precisely its aim: to create an even stronger bond between people and their cars going forward. Future digital functions will go...

5 January 2023

BMW invests CNY 10 billion in a new EV battery production project in Shenyang, China

BMW's electromobility ramp-up has reached a new milestone in China. On November 11th, a signing ceremony for the BMW Future Generation HVB Production Project was held in Shenyang. The signed agreement will see BMW Group's Chinese joint venture, BMW Brilliance Automotive, invest around CNY 10 billion into a new structure project to expand battery production capacity at its Shenyang production base. While accompanying...

16 November 2022

BMW starts producing the BMW iX1 in Regensburg, Germany

BMW Group announced the start of production of the fully-electric BMW iX1 in Regensburg. As announced almost two years ago, all German BMW plants can now produce electric cars. The smallest model among the BMW Sports Activity Vehicles will boost the volume of electric vehicles. Milan Nedeljković, member of the Board of Management of BMW AG responsible for Production, already announced the next milestone at the start...

14 November 2022

Envision AESC and BMW announce new partnership in battery cell production and supply

Envision AESC announces a new multi-year partnership with BMW Group to supply the latest battery cells for the global brand's next-generation electric vehicles. To support production, Envision AESC has committed to invest in a dedicated new 30GWh battery manufacturing plant in South Carolina, which will be powered by 100 percent net zero carbon energy. Work is currently underway by the company to finalize a suitable...

27 October 2022

Counterpoint: EU EV market grew by 16% in Q2 2022 led by Mercedes

Europe's passenger EV sales increased by 16% YoY in Q2 2022, according to the latest research from Counterpoint's Global Passenger Electric Vehicle Model Sales Tracker. Battery electric vehicles (BEVs) accounted for 55% of total EV sales during the quarter. Germany, with a 28% share, remained the European EV market leader, followed by France with 16%, and the UK with 14%. Among other European nations, Spain and the...

14 October 2022

BMW i4 eDrive35 and BMW iX1 xDrive30 will go on sale in November

Just a few weeks after the market launch of the new BMW X1, the fully electric model variant of the compact Sports Activity Vehicle (SAV) - BMW iX1 xDrive30 will also be released onto the road for the first time in November 2022. The BMW iX1 xDrive30 is the brand's first all-wheel drive electric vehicle in the premium compact segment. Two highly integrated e-drive units on the front and rear axles generate a...

28 September 2022

BMW NEUE KLASSE BEVs will launch in 2025 with new, cylindrical battery cells by CATL and EVE Energy

Following the announcement of its collaboration with CATL, which will build cylindrical cell batteries for BMW in dedicated factories in Europe and China, BMW announced that it is set to launch a new era of e-mobility from 2025 with the models of its NEUE KLASSE – using newly-developed round battery cells optimized for the new architecture for the first time. The BMW Group has already awarded contracts in the...

10 September 2022

CATL will build two BMW-dedicated factories in Europe and China for cylindrical batteries

CATL and BMW Group announced today a multi-year agreement on the supply of cylindrical battery cells to power the German carmaker's new series of electric models of its NEUE KLASSE starting from 2025. According to the agreement, CATL will deliver to BMW Group the new cylindrical battery cells, which come with a standard diameter of 46 millimeters and will be produced at two of CATL's future battery plants in China...

9 September 2022

Counterpoint: global EV sales up by 61% YoY in Q2; BYD is the market leader

Market research agency Counterpoint reports that the global passenger EV sales grew 61% YoY to reach 2.18 million units in Q2 2022. In total EV sales, battery electric vehicles (BEVs) accounted for almost 72%, and plug-in hybrid electric vehicles (PHEVs) for the rest. China remained the market leader in EV sales, followed by Europe and the US. China's EV sales increased by almost 92% YoY in Q2 2022 to reach 1.24...

29 August 2022

EV Specifications

Complete specifications of EVs, grouped according to their brand and year

AudiBMWBytonChevroletDaciae.GOFIATFordGenesisHondaHyundaiJaguarKIAMazdaMercedes-BenzMGMININIONissanOpelPeugeotPolestarPorscheRenaultRivianSEATŠKODAsmartSubaruTeslaToyotaVolkswagenVolvo

Featured

Specifications of some of the most interesting and anticipated EVs.

2023 Rivian R1T

2023 Rivian R1T Adventure Dual-Motor Max Pack

Doors: 4, Seats: 5
Length: 217.1 in / 5514 mm
Height: 78.3 in / 1989 mm
Location: Rear
Location: Front

2023 Rivian R1T

2023 Rivian R1T Adventure Quad-Motor Large Pack

Doors: 4, Seats: 5
Length: 217.1 in / 5514 mm
Height: 78.3 in / 1989 mm
Curb weight: 5886.34 lb / 2670 kg
Electric motor #1: 314 kW, 671 Nm
Electric motor #2: 305 kW, 560 Nm, Location: Front
Battery: 135 kWh

2023 Rivian R1S

2023 Rivian R1S Adventure Quad-Motor Large Pack

Doors: 4, Seats: 7
Length: 200.8 in / 5100 mm
Height: 77.4 in / 1966 mm
Curb weight: 5842.25 lb / 2650 kg
Electric motor #1: 314 kW, 671 Nm, Location: Rear
Electric motor #2: 305 kW, 560 Nm, Location: Front
Battery: 135 kWh

2023 Polestar 3

2023 Polestar 3 Long Range Dual Motor

Doors: 5, Seats: 5
Length: 192.9 in / 4900 mm
Height: 63.5 in / 1614 mm
Curb weight: 5696.74 lb / 2584 kg
Location: Rear
Location: Front
Battery: 111 kWh, Voltage: 400 V

2022 Audi e-tron S Sportback quattro

2022 Audi e-tron S Sportback quattro

Doors: 5, Seats: 5
Length: 193.0 in / 4902 mm
Height: 63.6 in / 1615 mm
Curb weight: 5941.46 lb / 2695 kg
Location: Rear
Location: Front
Battery: 95 kWh, Voltage: 396 V

2022 Audi e-tron S quattro

2022 Audi e-tron S quattro

Doors: 5, Seats: 5
Length: 193.0 in / 4902 mm
Height: 64.1 in / 1629 mm
Curb weight: 5941.46 lb / 2695 kg
Location: Rear
Location: Front
Battery: 95 kWh, Voltage: 396 V

2021 Audi e-tron S Sportback quattro

2021 Audi e-tron S Sportback quattro

Doors: 5, Seats: 5
Length: 193.0 in / 4902 mm
Height: 63.6 in / 1615 mm
Curb weight: 5941.46 lb / 2695 kg
Location: Rear
Location: Front
Battery: 95 kWh, Voltage: 396 V

2021 Audi e-tron S quattro

2021 Audi e-tron S quattro

Doors: 5, Seats: 5
Length: 193.0 in / 4902 mm
Height: 64.1 in / 1629 mm
Curb weight: 5941.46 lb / 2695 kg
Location: Rear
Location: Front
Battery: 95 kWh, Voltage: 396 V

2022 Audi Q4 Sportback e-tron 50 quattro

2022 Audi Q4 Sportback e-tron 50 quattro Vorsprung

Doors: 5, Seats: 5
Length: 180.6 in / 4588 mm
Height: 63.5 in / 1614 mm
Curb weight: 4717.89 lb / 2140 kg
Electric motor #1: 150 kW, 310 Nm, Location: Rear
Electric motor #2: 70 kW, 150 Nm, Location: Front
Battery: 82 kWh, Voltage: 400 V

2022 Audi Q4 Sportback e-tron 50 quattro

2022 Audi Q4 Sportback e-tron 50 quattro Edition 1

Doors: 5, Seats: 5
Length: 180.6 in / 4588 mm
Height: 63.5 in / 1614 mm
Curb weight: 4717.89 lb / 2140 kg
Electric motor #1: 150 kW, 310 Nm, Location: Rear
Electric motor #2: 70 kW, 150 Nm, Location: Front
Battery: 82 kWh, Voltage: 400 V

2022 Audi Q4 Sportback e-tron 50 quattro

2022 Audi Q4 Sportback e-tron 50 quattro S Line

Doors: 5, Seats: 5
Length: 180.6 in / 4588 mm
Height: 63.5 in / 1614 mm
Curb weight: 4717.89 lb / 2140 kg
Electric motor #1: 150 kW, 310 Nm, Location: Rear
Electric motor #2: 70 kW, 150 Nm, Location: Front
Battery: 82 kWh, Voltage: 400 V

2022 Ford F-150 Lightning

2022 Ford F-150 Lightning PLATINUM Extended Range (710A)

Doors: 4, Seats: 5
Length: 232.7 in / 5911 mm
Location: Rear
Location: Front
Battery: 131 kWh

2022 Ford F-150 Lightning

2022 Ford F-150 Lightning LARIAT Extended Range (511A)

Doors: 4, Seats: 5
Length: 232.7 in / 5911 mm
Location: Rear
Location: Front
Battery: 131 kWh

2022 Mercedes-Benz AMG EQS

2022 Mercedes-Benz AMG EQS 53 4MATIC+

Doors: 5, Seats: 5
Length: 205.6 in / 5223 mm
Height: 59.8 in / 1520 mm
Curb weight: 5853.27 lb / 2655 kg
Electric motor #1: 245 kW @ 4500 - 13500 rpm, 565 Nm, Location: Rear
Electric motor #2: 239 kW, 290 Nm, Location: Front
Battery: 107.8 kWh, Voltage: 500 V

2022 Mercedes-Benz EQS

2022 Mercedes-Benz EQS 580 4MATIC

Doors: 5, Seats: 5
Length: 205.4 in / 5216 mm
Height: 59.5 in / 1512 mm
Curb weight: 5698.95 lb / 2585 kg
Electric motor #1: 245 kW @ 4500 - 13500 rpm, 565 Nm, Location: Rear
Electric motor #2: 140 kW, 290 Nm, Location: Front
Battery: 107.8 kWh, Voltage: 500 V

2022 Mercedes-Benz EQS

2022 Mercedes-Benz EQS 450+

Doors: 5, Seats: 5
Length: 205.4 in / 5216 mm
Height: 59.5 in / 1512 mm
Curb weight: 5467.46 lb / 2480 kg
Electric motor: 245 kW @ 4500 - 13500 rpm, 568 Nm, Location: Rear
Battery: 107.8 kWh, Voltage: 500 V

2022 Genesis GV60

2022 Genesis GV60 Performance AWD

Doors: 5, Seats: 5
Length: 177.8 in / 4515 mm
Width: 74.4 in / 1890 mm
Height: 62.2 in / 1580 mm
Curb weight: 4761.98 lb / 2160 kg
Electric motor #1: 160 kW, 350 Nm, Location: Rear
Electric motor #2: 160 kW, 350 Nm, Location: Front
Battery: 77.4 kWh, Voltage: 800 V

2022 KIA EV6

2022 KIA EV6 Extended Range 4WD GT

Length: 184.8 in / 4695 mm
Height: 61.0 in / 1550 mm
Location: Rear
Location: Front
Battery: 77.4 kWh, Voltage: 697 V