AESC invests an additional $1.5 billion to expand electric vehicle battery manufacturing in South Carolina
AESC has announced plans to expand its lithium-ion electric vehicle battery manufacturing operations in Florence County, South Carolina. The battery technology company will invest $1.5 billion into the project, creating 1,080 new jobs for the surrounding area. This latest project, which expands upon announcements made in December 2022 and December 2023, brings the company’s total investment to $3.12 billion. AESC will build a second electric vehicle battery manufacturing facility adjacent to the first building, which broke ground in June 2023. Production is expected to begin in 2027.
In a recent quote, AESC CEO Shoichi Matsumoto said, “We greatly value our partnership with South Carolina and Florence County as we strengthen our work together through this latest expansion that enhances our commitment to create high value jobs in the region and invest in the state. South Carolina is a crucial part of our strategy to power next generation electric vehicles for customers across the U.S. by manufacturing high-performance, longer-range EV batteries locally. Through our collaborative efforts, I am excited that we are able to support thousands of new workers and increase both AESC and South Carolina’s leadership in providing advanced clean energy transportation solutions.”
Governor Henry McMaster added, “AESC’s second expansion in less than four months in Florence County signals yet another vote of confidence in our state and our people. This investment is another monumental win for Florence County, and we look forward to the substantial impact this will have throughout South Carolina.”
Investing in American Manufacturing - 2024
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About the Author
Alexis GajewskiAlexis Gajewski
Senior Content Strategist
Alexis Gajewski is a manufacturing writer and editor with nearly 20 years of experience covering the people, practices, and technologies that keep industrial facilities running. For more than a decade, she served as Senior Content Strategist for Plant Services, creating content for plant managers, engineers, and maintenance professionals on a variety of industrial topics.
During her tenure, Alexis worked to develop the brand’s digital strategy and helped launch and produce Great Question: A Manufacturing Podcast. She also created The Lighter Side of Manufacturing, a weekly blog that explored the inventive and sometimes humorous side of the industry.
Alexis co-founded Influential Women in Manufacturing, a recognition program that honored 49 women in its first two years, earned an industry award for Best Product Launch, and received a proclamation from Illinois Governor JB Pritzker and a commendation from U.S. Senator Tammy Duckworth.
She also led newsroom operations and development at a large media company where she set editorial standards, developed training curriculum, and helped support AI adoption for more than 150 editors across 80+ brands spanning manufacturing, industrial processing, automation, and more.
Additionally, Alexis works as a freelance writer and editor, and her areas of interest include continuous improvement, the skilled workforce, and the role of emerging technology on the plant floor.
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