Envision AESC announced $2 billion investment to build a new, state-of-the-art gigafactory in the Kentucky Transpark in Bowling Green, Warren County.
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The 30GWh plant will create 2,000 skilled jobs in the region, producing battery cells and modules to power the next generation EVs produced for multiple global automotive manufacturers.
The investment cements Kentucky’s leading role in the automotive industry of the future. For Envision AESC, the facility marks the next stage of growth.
The company will produce new generation battery cells with 30% more energy density than the current generation, reduced charging time and increased range and efficiency for EVs, powering up to 300,000 vehicles annually by 2027.
These high-tech capabilities will increase the cost-competitiveness and technological expertise of EV battery production in Kentucky and in the U.S., making electric vehicles more accessible and affordable for motorists.
The gigafactory will be powered by 100% renewable energy, supplied by onsite generation and purchased locally from the Tennessee Valley Authority (TVA), ensuring the plant helps drive progress toward decarbonizing the state’s industrial sector.
The plant will be approximately 3 million square feet and marks one of the largest economic projects in the commonwealth’s history. Selected for its strong automotive manufacturing base, skilled workforce and excellent infrastructure, Kentucky is already the nation’s No. 1 producer of cars, light trucks and SUVs per capita and the center of Auto Alley in the U.S.
The new strategic partnership with Kentucky provides up to $116.8million from state incentive programs and up to $5million grant-in-aid for skills training.
As the latest investment by Envision AESC to help scale up EV manufacturing capabilities in strategically important regions, the plant follows last year’s announcements to build gigafactories in Douai, France, and Sunderland, U.K.
This brings Envision AESC’s total capacity to approximately 150GWh worldwide and advances its commitment to reach 300GWh by 2026. As with Bowling Green in Kentucky, all plants will be powered by low carbon energy and digitally enabled with smart infrastructure software to optimise the energy footprint.