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BMW would seem to be in a good position to judge the manufacturing capabilities of both Europe and the US, with their large presence in both. $1.7 billion expa
by strictnein 3y ago
BMW would seem to be in a good position to judge the manufacturing capabilities of both Europe and the US, with their large presence in both.
$1.7 billion expansion in the US towards the end of 2022:
https://www.bmwgroup-werke.com/spartanburg/en/news/2022/BMW-Group-Electrification-Plans-Press-Release.html https://www.bmwgroup-werke.com/spartanburg/en/news/2022/BMW-...
Expanding on their already expansive presence in Spartanburg. The X3-X7 and their newest high end vehicle the XM are all built in the US:
https://www.bmwgroup-werke.com/spartanburg/en.html https://www.bmwgroup-werke.com/spartanburg/en.html
Mercedes, another company that knows about manufacturing in Europe and the US, is producing some of their newest vehicles in the US, including new electronic vehicles that debuted in 2022, the EQE and EQS. The 2024 Maybach EQS680, with an estimated price of $200k, is also built in the US.
Toyota is spending $2.5 billion to expand their US facilities:
https://pressroom.toyota.com/toyota-announces-2-5-billion-expansion-of-north-carolina-plant-with-350-additional-jobs-and-bev-battery-capacity/ https://pressroom.toyota.com/toyota-announces-2-5-billion-ex...
- BirAdam 3y agoKIA and Hyundai have built and are building more in Georgia as well.