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2 weeks ago

BMW North America CEO touts ‘long game’ in US as $1.7B South Carolina EV expansion takes shape

BMW is "here for the long game" in the U.S. as it completes a $1.7 billion South Carolina investment and prepares to build fully electric vehicles at its largest plant, its North America CEO told FOX Business.Sebastian Mackensen, president and CEO of BMW of North America, said the investment marks a major milestone in the automaker’s U.S. manufacturing strategy and proves BMW is doing more than making promises."One thing is to announce an investment and another one is to actually do the investment, implement it, [and] build the expansion of this facility," Mackensen told FOX Business.The expan...