BMW Group Completes $1.7 Billion U.S. Investment and Premieres New BMW X5 at “Home of X” Event in Spartanburg, SC

The BMW Group announced today the completion of a $1.7 billion investment in its South Carolina operations. The company celebrated the milestone at the “Home of X” event at BMW Group Plant Spartanburg, reaffirming its longstanding commitment in the United States through continued investment and innovation leadership. With this milestone, BMW Group has completed the expansion of Plant Spartanburg and the construction of Plant Woodruff, establishing the foundation for the assembly of fully electric BMW vehicles in South Carolina. The United States remains one of BMW Group’s most important markets and business ecosystems worldwide.

The event also marked the world premiere of the new, fifth-generation BMW X5. BMW confirmed that the BMW iX5 will be the first fully electric BMW assembled in the United States, starting in late 2026.

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