Envision AESC announces $810m investment in South Carolina Gigafactory
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Envision AESC is delighted to announce the construction of a 1.5 million sq feet state-of the-art 30GWh gigafactory in South Carolina.
The $810 million investment builds on their commitment to the US market and securing of high value jobs for generations to come and accelerating the global transition to net zero.
CEO, Shoichi Matsumoto, said: “Our partnership with Florence County, South Carolina is part of our next phase battery strategy to power next generation EVs in the U.S. This gigafactory is another milestone on Envision AESC’s journey to building an electrification network in the U.S and strengthens our commitment to grow the electrification supply chain while providing high value jobs”.
South Carolina has been an automotive manufacturing powerhouse for over thirty years, Governor Henry McMaster explains “We have the workforce, business friendly environment, and the willingness to adapt to industry’s innovation necessary to ensure that companies that choose to do business here will find success.”