AESC, a world-leading electric vehicle battery technology company, today announced the expansion of its state-of-the-art battery cell facility in Florence County. The $810 million investment will create 450 new jobs. Expected to be complete by 2026, this new commitment follows AESC’s initial announcement in December 2022 of $810 million and 1,170 jobs, resulting in a total investment of $1.62 billion and 1,620 new jobs.
PowerCo COO Sebastian Wolf: “Site preparation, the first phase of Gigafactory St. Thomas, has been completed. We are now ready for the next stage on our path to the sustainable and responsible production of battery cells.”
SVOLT presents short blade series with fast charging capability at the in-house Battery Day 2023
LG Energy Solution is said to have shifted its focus to 46-series battery cells, which are 46mm in diameter. Industry sources in South Korea said the battery maker is working on a project to produce 46-series cylindrical cells at its Nanjing plant in China.
Electric automaker Tesla has received land-use permits from Mexico’s federal environment ministry to build a planned “gigafactory” in the northern border state of Nuevo Leon, the state government announced on Tuesday.