19
Oct
17:27
BMW Group unveils $1.7 billion EV, battery investment in US
BMW Group says it will pump $1.7 billion to build batteries and electric vehicles in the US, reinforcing its “local for local principle,” Kallanish reports.
The plan is to allocate $1 billion to prepare its Plant Spartanburg in South Carolina for the production of EVs and $700 million to build a new high-voltage battery assembly facility near Woodruff, also in South Carolina. The German carmaker said Wednesday it expects to build at least six BEV mode…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous