german luxury car maker bmw ag said wednesday that it will invest 17 billion in its operations in the us as it prepares to produce batteryelectric vehicles in the country the auto maker said it has earmarked 1 billion to adapt its existing manufacturing plant in spartanburg south carolina for the production of batteryelectric vehicles the site will become an important driver for the companys electrification strategy and bmw plans to make at least six fullyelectric models there by 2030 it said in 2021 the us market accounted for around 20 of bmws revenue in addition the car maker will build a new highvoltage batteryassembly plant in woodruff south carolina for 700 million creating around 300 new jobs it said bmw has also agreed to source battery cells for the spartanburg plant from envision aesc which will build a new factory in south carolina it said the battery specialist also has partnerships with bmw peers such as mercedesbenz group ag bmw continues to target at least 50 of its global sales to be batteryelectric vehicles by 2030 but has said it could reach this goal earlier in 2021 41 of bmws global car sales were fully electric vehicles and it plans to more than double the share this year