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BMW to invest USD 1.7 billion in South Carolina for EVs and batteries, joined by new Envision AESC plant

On October 19, the BMW Group announced a USD 1.7 billion investment in its U.S. operations, including USD 1 billion to prepare for the production of EVs at the company’s Spartanburg plant, and USD 700 million to build a new 1-million-square-foot high-voltage battery assembly facility in nearby Woodruff, South Carolin....

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