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BMW iX5 Electric Vehicle Debuts in Spartanburg SC

“When we announced our investment plans for South Carolina in 2022, we made a clear commitment to the future of the BMW Group in the United States,” said Milan Nedeljković, Chairman of the Board of Management, BMW AG.

“Our strategic course remains unchanged. We will continue to pursue the same technology-open strategy that has made BMW successful and will continue to make us successful in the future,” said Nedeljković. [Flexibility to build different powertrains in one plant decreases the possibility of spending million of Dollars or Deutschmarks shareholder capital betting on one model or powertrain. It hedges expensive automotive bets. – AutoCrat.] Continue reading

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