BMW stock: Group opens U.S. battery plant for electric vehicles

BMW Group opened its Woodruff high-voltage battery assembly plant in South Carolina on Friday, November 13, marking a new step in the automaker's U.S. electric-vehicle production. Reuters reported that the facility is BMW's first high-voltage battery assembly plant in North America.

Battery production reaches Woodruff

The plant produces sixth-generation high-voltage batteries for vehicles assembled at BMW's Plant Spartanburg, including the iX5. Reuters said the Woodruff facility represents a 700 million U.S. dollar investment and had 300 employees at its opening.

The BMW Group Newsroom described the November 13 opening as the start of fully electric vehicle production in the United States. The development links local battery assembly with vehicle manufacturing at Spartanburg, which BMW says produces 1,500 vehicles per day.

Supplier network broadens

On Monday, November 9, BMW announced plans to localise more of its battery-cell supply chain in Europe and the United States with Samsung SDI and LG. The company said the approach is intended to strengthen regional value creation and resilience across its supplier network.

BMW stock last traded at 57.28 euros on Lang & Schwarz at 10:30 Berlin time on Friday, November 13, 2026. The battery investment gives investors a concrete measure of BMW's electric-vehicle industrial build-out, while the supplier announcement points to a broader regional sourcing strategy.

Investors can place BMW's U.S. expansion in the broader current market reports.

Further news and analyses on BMW stock cover the company's restructuring, electric-vehicle rollout and financial outlook.