Global Battery Cell Manufacturer AESC Expands US Manufacturing Operations

AESC, a global battery technology company, has announced the expansion of its US lithium-ion electric vehicle battery manufacturing operations in Florence County, South Carolina. Its $1.5 billion investment will create 1,080 new jobs.

This investment follows AESC’s initial expansion announcement in December 2023, resulting in a total investment of $3.12 billion,  supporting 2,700 new jobs across the local community.

In 2022, the Japan-based company announced a multi-year partnership with BMW to supply technology-leading battery cells to be used in the next generation electric vehicle models.

AESC’s latest expansion will extend the partnership to additionally provide electric vehicle battery components for BMW Group’s Mexico Assembly Operations.

It will construct a second state-of-the-art electric vehicle battery manufacturing facility adjacent to the first building which broke ground in June 2023.

Operations are expected to be online in 2027.

AESC CEO, Shoichi Matsumoto, says: “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.”

AESC's facilities span the US, U.K., France, Spain, China, Japan and other key locations in Europe and Asia.