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flag AESC announces $1.5bn lithium-ion EV battery expansion in South Carolina, creating 1,080 jobs and extending BMW partnership.

flag AESC, a battery technology company, announced a $1.5 billion expansion of its lithium-ion EV battery manufacturing operations in Florence County, South Carolina. flag The expansion will create 1,080 new jobs, totaling $3.12 billion investment and supporting 2,700 new jobs. flag This expansion extends AESC's partnership with BMW to provide electric vehicle battery components for BMW Group's Mexico Assembly Operations. flag The new facility is expected to come online in 2027.

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