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　local time on Wednesday, German automaker BMW said they will invest $ 1.7 billion in the production of electric vehicles in the United States, a major automaker on the promotion of The latest news on electric vehicle production in the United States.

　　BMW said it is making a new $1 billion investment in its Spartanburg, South Carolina plant to prepare for electric vehicle production and will spend $700 million to build a new facility near Woodruff, South Carolina. high-voltage battery assembly plant and create at least 300 jobs.

　　"This is the largest single investment we've ever made," Oliver Zipse, chairman of the BMW Group, said in an interview.

　　South Carolina Gov. Henry McMaster said at a ceremony that BMW's capital investment was the largest in the state's history.

　　BMW also said that China Renewable Energy Group Envision's Automotive Energy Supply Company (AESC) will also build a new battery cell factory in South Carolina with an annual capacity of 30GWh, which will supply battery cells to BMW.

　　The luxury automaker plans to produce at least six all-electric BMW models in the U.S. by 2030.

　　BMW said it would not set a date for stopping production of gas-powered vehicles, raising concerns about a new U.S. electric-vehicle tax credit requirement aimed at requiring automakers to stop using battery components and minerals from China.

　　Zipzer said that no region can be completely independent, especially when it comes to battery raw materials, and the U.S. "should have a realistic regulation."

　　He warned that a new $7,500 electric-vehicle tax credit law passed in August could leave several automakers out of the deal. "If you stop the industry, it's going to be a disaster," he said.

　　BMW says its new battery specification will increase energy density by more than 20 percent, increase charging speed and increase range by 30 percent.

　　The BMW Group has previously announced that it will build four additional battery cell factories in Europe and China to meet its needs. Zipzer said the location of the planned sixth battery plant would be determined by market demand. These battery factories, also built by BMW partners, will have an annual capacity of 20GWh.

　　BMW's 30-year-old South Carolina plant, which employs more than 11,000 people and produces 450,000 vehicles a year, has produced more than 6 million vehicles.

　　The state of South Carolina provided the Spartanburg facility with a $65 million grant to assist with costs associated with the project.