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

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

March 26, 2024
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