Envision AESC Makes $2 Billion Investment in RTW Kentucky

Envision AESC is company that specializes in electric vehicle battery technology. They will soon be adding a new location in Right to Work Bowling Green, Kentucky. But this won’t be just any location ““ this will be a state-of-the-art gigafactory. In order to make this possible, the company is investing an impressive $2 billion toward the project. In addition, they also plan to create 2,000 new jobs. So this major investment will be a major win for the economy!

From Area Development Magazine:

“We are pleased to partner with Kentucky and Bowling Green as part of our next phase battery strategy to power next generation EVs in the U.S. This major investment builds on our commitment to the U.S. market, supports growth of the electrification supply chain and secures high value jobs for future generations in the region. This commitment takes us one step further toward our ambition to make high-performance, longer-range batteries for a diverse range of automotive manufacturers worldwide to support the EV transition.” [“¦]

“We are thrilled that Envision AESC, the world’s leading EV battery technology company, has picked Kentucky. [“¦] Envision AESC is making the second largest economic development investment Kentucky has ever seen, investing $2 billion to build a new, state-of-the-art EV battery gigafactory in Bowling Green. Even better, this project will create 2,000 great jobs of the future for residents in the Warren County region. And with this investment Envision AESC will generate a 30GWh site, which increases Kentucky’s production to 116GWh, making the commonwealth the nation’s top producer of electric vehicle batteries.” [“¦]

“Thank you, Envision AESC, for bringing the world’s leading battery technology company to Bowling Green, Kentucky.”

AREA DEVELOPMENT MAGAZINE

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