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The BMW Group said today it will make a new investment to expand Plant Spartanburg and increase its US manufacturing footprint.
Group Chairman of the Board of Management, Oliver Zipse said that $1.7 billion will be spent, including $1 billion to prepare for the production of electric vehicles at the company’s existing factory in South Carolina. Furthermore, $700 million will go toward 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 US. (Autoinformed on: BMW Group Posts Record Revenues, Earnings, Profits for 2021).
The new Woodruff factory will be more than 1 million sq. ft. and produce next generation batteries for fully electric vehicles. About 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, ~70,000 electrified BMWs were built on site.
“For decades, Plant Spartanburg has been a cornerstone of the global success of the BMW Group. It is the home of the BMW X models that are so popular all over the world. Going forward, it will also be a major driver for our electrification strategy, and we will produce at least six fully electric BMW X models here by 2030. That means: The ‘Home of the X’ is also becoming the ‘Home of the Battery Electric Vehicle’,” said Zipse on Wednesday. “In addition, we can showcase BMW Group’s ‘local for local’ principle: Our newly developed sixth generation battery cells, which were specifically designed for the next generation electric vehicles, will be sourced here in South Carolina – where X goes electric.”
BMW Group has 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, it’s claimed, will increase energy density by more than 20%, improve charging speed by up to 30% and add range by up to 30%. CO2 emissions from cell production will be reduced by up to 60% through the partial use of secondary lithium, cobalt, and nickel material, as well as renewable energy for production.
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 said. BMW Group has previously 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.
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BMW Group to Spend $1.7B to Make Electric Vehicles in US
X marks the spot. Click for more info.
The BMW Group said today it will make a new investment to expand Plant Spartanburg and increase its US manufacturing footprint.
Group Chairman of the Board of Management, Oliver Zipse said that $1.7 billion will be spent, including $1 billion to prepare for the production of electric vehicles at the company’s existing factory in South Carolina. Furthermore, $700 million will go toward 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 US. (Autoinformed on: BMW Group Posts Record Revenues, Earnings, Profits for 2021).
The new Woodruff factory will be more than 1 million sq. ft. and produce next generation batteries for fully electric vehicles. About 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, ~70,000 electrified BMWs were built on site.
“For decades, Plant Spartanburg has been a cornerstone of the global success of the BMW Group. It is the home of the BMW X models that are so popular all over the world. Going forward, it will also be a major driver for our electrification strategy, and we will produce at least six fully electric BMW X models here by 2030. That means: The ‘Home of the X’ is also becoming the ‘Home of the Battery Electric Vehicle’,” said Zipse on Wednesday. “In addition, we can showcase BMW Group’s ‘local for local’ principle: Our newly developed sixth generation battery cells, which were specifically designed for the next generation electric vehicles, will be sourced here in South Carolina – where X goes electric.”
BMW Group has 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, it’s claimed, will increase energy density by more than 20%, improve charging speed by up to 30% and add range by up to 30%. CO2 emissions from cell production will be reduced by up to 60% through the partial use of secondary lithium, cobalt, and nickel material, as well as renewable energy for production.
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 said. BMW Group has previously 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.
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