Envision AESC to invest USD2 billion in a new EV battery plant in the US

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Circular Economy & Remanufacturing

The 30-GWh gigafactory, which is slated to open in 2025, is expected to produce next generation battery cells with 30% more energy density than the current generation

Japanese electric vehicle (EV) battery technology company Envision AESC plans to invest USD2 billion in building a new gigafactory in the US state of Kentucky, according to an official note released by the Bowling Green Area Chamber of Commerce, South Central Kentucky government on 13 April 2022.

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