Reposted from IndustryWeek
Envision AESC, a Japanese electric vehicle battery company and BMW supplier, announced Wednesday, December 6 it would build a new battery factory in Florence County, South Carolina. According to the company, the “gigafactory” will cover 1.5 million square feet, employ 1,170, and cost about $810 million.
AESC said the new plant would support battery manufacturing for new electric vehicles built at BMW Group’s Spartanburg plant, also in South Carolina. The new factory is slated to produce a 30 GWh of output a year, and AESC says it will use renewable energy sources, battery recycling, and energy management software to operate at net zero carbon emissions.
AESC CEO Shoichi Matsumoto, in a statement, said the new plant is “a milestone” in the company’s mission to produce batteries for a new generation of electric vehicles.
Envision AESC announced earlier this year it would also build a battery gigafactory in Kentucky. The company's recent plans follow those of several major e-mobility players planning U.S. manufacturing sites in the wake of the Biden Administration's Inflation Reduction Act codifying several production tax credits and incentives for decarbonizing the transportation sector.
For more on the South Carolina plant, click here to see the full IndustryWeek story. IndustryWeek is part of Endeavor Business Media and a sister brand to EnergyTech.
