SPARTANBURG, SC—BMW Group plans to invest $1.7 billion in its U.S. operations, including $1 billion to prepare for the production of electric vehicles at its flagship factory here.
VAN BUREN TOWNSHIP, MI—Our Next Energy (ONE), a Michigan-based energy storage technology company, will invest $1.6 billion to build a new battery cell manufacturing plant here.
GROB-Werke GmbH & Co. KG creates high-volume production systems for the electric vehicle (EV) market. Based in Mindelheim, Germany, the machine tool manufacturer recently completed a sophisticated system for making hairpins, which form the stator winding rims of electric motors.