South Carolina Business Review
BMW completes $1.7bn SC investment
The EV industry got an additional boost from the Biden administration with a slew of investment tax credits. And while the current administration has eliminated a lot of these, the commitments that companies have made in our state continue to move forward. Our next guest’s company is one example as they have recently completed a $1.7 billion investment covering the expansion of an EV factory in Spartanburg and construction of a new battery assembly facility in Woodruff. Mike Switzer interviews Derek Lowe with BMW in Greer, SC .


