BMW invests $1.7 bln to build electric vehicles in the U.S.
STORY: BMW has announced plans to ramp up
EV production in South Carolina
The company says it will invest
$1 billion in its Spartanburg plant
to prepare it for EV production
$700 million will go to a new high-voltage
battery assembly facility in Woodruff
That will create at least 300 new jobs
It's the largest single investment in both
BMW and South Carolina's history
The German automaker plans to build at least
six fully electric models in the U.S. by 2030