BMW will invest $1.7 billion in the production of electric vehicles in the United States

BMW will invest $1.7 billion in the production of electric vehicles in the United States

BMW also intends to manufacture sixth-generation battery cells utilizing Envision AESC technology, which will be used to construct the aforementioned battery factory. The business says that the new batteries have 20% higher energy density than its existing technology, as well as 30% quicker charging and range. Furthermore, by employing secondary minerals and renewable energy during manufacture, they will emit around 60% less CO2.