BMW finalizes $1.7B SC expansion with new X5

BMW has completed a $1.7 billion investment in its South Carolina plants, where it will produce fully electric vehicles, including the new BMW X5, the first fully electric BMW assembled in the U.S. The company plans to assemble at least five more electric models in the country by 2030 and emphasizes its commitment to U.S. operations, which currently support over 120,000 jobs and contribute over $43 billion annually to the economy.

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