NewQ1 2026 Clean Energy Deal Intelligence Report is live
FinancingAnnouncedOctober 19, 2022

BMW Spartanburg + Woodruff SC EV Expansion

$1B Spartanburg EV prep + $700M Woodruff battery assembly. 6 fully-electric X-models by 2030; 300 jobs at Woodruff battery plant; 1M+ sq ft. Paired with AESC SC cell supply. $65M state Closing Fund grant.

$1.70B

Deal Value

Battery Storage

Technology

SC

Location

Deal Details

Deal Type
Manufacturing Investment
Seller / Sponsor
BMW Manufacturing
Buyer / Financier
BMW Manufacturing
Deal Value
$1.7B
Stage
Construction
ISO/RTO
CPLE

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