BMW has completed a $1.7 billion investment in its South Carolina plants to begin producing fully electric vehicles in the US, with the iX5 SUV starting late 2026. The move underscores the carmaker's commitment to American manufacturing and positions South Carolina as a central hub for its global EV output.
BMW's iX5 SUV will be its first fully electric model made in the U.S.
The completion of our investments in Plant Spartanburg and Plant Woodruff demonstrates our confidence in the United States and reinforces South Carolina's role at the center of BMW Group's global operations,
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Tesla marked the start of high-volume Semi production at its new Sparks, Nevada factory on September 24. The plant, which Tesla says covers 1.8 million square feet, is built to scale to 50,000 trucks annually.
Volkswagen's supervisory board has unanimously approved the Future Plan 2030, which includes an additional 50,000 job cuts worldwide to reach a total of around 100,000 and leaves four German plants without secured future vehicle production after 2031-2034. The move aims to reduce costs and improve competitiveness against Chinese rivals, with alternative uses for the factories to be examined by June 2027.
Toyota is pushing back output of its initial three-row battery-electric SUV, the 2027 Highlander BEV, and will keep the existing gasoline and hybrid Highlander models on sale longer while three new electric SUVs gain U.S. traction.
Tesla postponed its next-gen Roadster reveal from October 1 to October 15, citing severe weather for an outdoor-only event. The company said additional details will follow and did not announce a new start time.
Tesla has started sending invitations for its Semi Rollout event on September 24 at the new factory in Sparks, Nevada. The gathering will showcase the facility, which Tesla says covers 1.8 million square feet, built to produce up to 50,000 trucks per year along with refreshed vehicle features and fleet economics.
