BMW Adding 5 EV Factories Across 3 Continents

URLhttps://www.thomasnet.com/insights/bmw-five-ev-fac
Sourcethomasnet.com
Date Published08/07/2024

Additional Reshoring Information:

Company/Division name BMW
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):300
Year reshoring announced:2024
Year reshoring implemented or to be implemented:2026
Domestically, the work will be done:In-house
Country(ies) from which reshored:Germany
City reshored to:Woodruff
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components, Transportation Equipment
Product(s) reshoredEV batteries
What domestic positive factors made reshoring more attractive?Proximity to customers/market
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