BMW set to invest $1.7b to build electric vehicles in US

BMW set to invest $1.7b to build electric vehicles in US

An employee works at the BMW manufacturing plant in Greer, South Carolina, U.S., October 19, 2022. REUTERS/Bob Strong

BMW AG said on Wednesday it will invest $1.7 billion to build electric vehicles in the United States, the latest announcement from a major automaker about plans to ramp up U.S. EV production.