BMW Completes $1.7 Billion South Carolina Expansion, Unveils First U.S.-Assembled Electric X5
Updated
Updated · Fox Business · Jun 30
BMW Completes $1.7 Billion South Carolina Expansion, Unveils First U.S.-Assembled Electric X5
3 articles · Updated · Fox Business · Jun 30
Summary
$1.7 billion in South Carolina upgrades are now complete, giving BMW expanded production capacity in Spartanburg and a new Woodruff facility for its U.S. EV push.
Later this year, the fifth-generation X5 will become the first fully electric BMW assembled in the United States, with at least five more U.S.-built EV models planned by 2030.
Plant Spartanburg anchors that strategy: it has assembled 7.3 million vehicles since 1994, including 412,799 X models in 2025, with roughly half exported to nearly 120 countries.
BMW said its U.S. operations support more than 120,000 jobs and contribute over $43.3 billion annually, underscoring South Carolina's role in the carmaker's global manufacturing network.