Japanese battery player Envision AESC plans to invest some $810 million to build a battery gigafactory in Florence, South Carolina. The 1.5 million-square-foot plant will produce batteries to power the BMW Group’s next-generation EVs. By 2030, BMW plans to produce at least six fully electric models at its plant in Spartanburg. The investment marks the… Read more »
Search Results Found For: "Envision AESC"
Envision AESC to supply battery cells for BMW’s next-gen EVs
Japanese battery manufacturer Envision AESC has formed a new multi-year partnership with BMW to supply battery cells for the automaker’s next-generation EVs. Envision has committed to invest in a new 30 GWh battery manufacturing plant in South Carolina, which it says will be powered by “100 percent net zero carbon energy.” The company is currently… Read more »
Envision AESC to build 30 GWh battery gigafactory in Kentucky
Japanese battery technology company Envision AESC has announced that it will invest $2 billion to build a new battery gigafactory in the Kentucky Transpark in Bowling Green. The new plant will cover approximately 3 million square feet, and will produce battery cells and modules for “multiple global automotive manufacturers.” It’s expected to have an annual… Read more »
Envision AESC provides battery modules for FreeWire Technologies’ charging stations
FreeWire Technologies makes several flexible charging solutions, including Mobi, a battery pack on wheels that can be used to charge EVs away from fixed charging stations; and the Boost Charger, a charging station that uses an integrated battery as a buffer to deliver high power output without stressing the local power supply. Now FreeWire has… Read more »
AESC to build new EV battery factory in South Carolina
Japan-based battery AESC recently broke ground for a clean-energy-powered battery plant in Florence County, South Carolina. Construction has commenced on the 1.5-million-square-foot 30 GWh facility, and operations are slated to start in 2026. With its currently operating plant in Tennessee and another under construction in Kentucky, AESC projects a collective US production capacity of up… Read more »
LOTTE Group to build cathode foil factory in Elizabethtown, Kentucky
LOTTE Aluminium and LOTTE Chemical, subsidiaries of a giant South Korean conglomerate, plan to invest some $239 million to establish an aluminum foil manufacturing operation in Hardin County, Kentucky. We’re not talking about the kind of foil you use to wrap leftover pizza, but rather cathode foil, a type of ultra-thin aluminum foil that is… Read more »
New study details UK EV and battery production potential
In an update to its 2020 study, the Faraday Institution examines the UK EV market and forecasts future demand for battery production. The new report, “UK Electric Vehicle and Battery Production Potential to 2040,” predicts that by 2030, the UK will need around 100 GWh of annual supply to satisfy the demand for batteries for… Read more »
Global Li-ion battery production capacity could reach 6 TWh by 2030
Global lithium-ion battery production capacity could reach over 6,000 GWh (6 TWh) by the end of the decade, according to lithium industry authority Benchmark Mineral Intelligence. Battery manufacturing facilities (now invariably referred to as “gigafactories”) are being built by automakers and battery suppliers around the world. Total lithium-ion capacity (existing or under construction) has doubled… Read more »
Mercedes battery pack plant in Alabama will shorten supply chain, reduce emissions
Mercedes-Benz has opened a battery pack factory in Bibb County, Alabama, near a plant in Tuscaloosa where the company will soon be building its new EQE and EQS electric SUVs for the US market. The new plant will not be manufacturing cells, but rather assembling purchased cells into packs for the EQE and EQS. The… Read more »
Nissan to build a 35 GWh battery plant and produce a new electric crossover in Sunderland, UK
Many in the media have been asking two questions about Nissan. As its aging Leaf becomes a byword for EV obsolescence, will the company rejuvenate its once cutting-edge electrical efforts? And, amid the uncertainty following Brexit, will the automaker remain committed to its Nissan Motor Manufacturing plant in Sunderland, England, which employs some 7,500 workers?… Read more »