Japanese electric vehicle battery company to build plant in Kentucky – WSOC TV

FRANKFORT, Ky. – (AP) – A Japanese electric vehicle battery technology company will build a plant in Kentucky, creating 2,000 jobs in a $2 billion investment that bolsters the state’s leadership in the production of batteries, Gov. Andy Beshear said Wednesday.

The Envision AESC plant in Bowling Green, south-central Kentucky, will produce battery cells and modules to power the next generation of electric vehicles, the Democratic governor said.

The plant’s products will be manufactured for several car manufacturers around the world.

The announcement represents Kentucky’s second economic development investment, the governor said, following the announcement of an even larger battery production plant last year.

“With today’s announcement, we confirm that the Commonwealth of Kentucky is the undisputed electric battery production capital of the United States of America,” Beshear said while announcing the new project at an event. at Kentucky’s Capitol.

Envision AESC Group CEO Shoichi Matsumoto said the investment in Kentucky is part of the next phase of the company’s battery strategy to power electric vehicles in the United States.

“This major investment builds on our commitment to the U.S. market, supports the growth of the electrification supply chain, and secures high-value jobs for future generations in the region,” he said. declared.

“This commitment takes us a step further towards our ambition to manufacture longer-range, high-performance batteries for a wide range of automakers around the world to support the transition to electric vehicles,” he added.

The new development follows last year’s announcement that Ford and its battery partner would build twin battery plants outside the community of Glendale in central Kentucky. This megaproject will create 5,000 jobs to produce batteries for the automaker’s next generation of electric vehicles.

“So once again, a company redefining the auto industry is betting its future on Kentucky and our workforce,” Beshear said Wednesday.

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