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Envision AESC investing $2B to build 30 GWh gigafactory in Kentucky; potential to expand to 40 GWh

Green Car Congress

Envision AESC, a leading Japanese electric vehicle battery technology company, will invest $2 billion to build a new gigafactory in the Kentucky Transpark in Bowling Green, Warren County. Selected for its strong automotive manufacturing base, skilled workforce and excellent infrastructure, Kentucky is already the nation’s No.

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SK On takes 10% stake in Australia’s Lake Resources; battery-grade lithium supply deal

Green Car Congress

SK On, a global electric vehicle (EV) battery manufacturer, signed a lithium supply deal with Australia’s Lake Resources ( earlier post ), a move that will further strengthen its key battery materials supply chain in response to robust business growth and geopolitical risks. million electric vehicles (EVs). Earlier post.).

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Toyota to invest $1.3B to build EVs at its Kentucky plant

Baua Electric

billion investment in its Kentucky factory to build EVs, including its three-row electric SUV for the US market. The investment supports the previously announced future battery EV assembly at Toyota Kentucky. to build EVs at its Kentucky plant appeared first on Bauaelectric Auto News. Get started here. –ad*

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Toyota ups investment in Kentucky plant set to make 3-row electric SUV

Baua Electric

billion investment in its Georgetown, Kentucky, assembly plant to prepare for production of a 3-row electric SUV. This additional money, which brings the plant’s total investment to nearly $10 billion, “supports the previously announced future BEV assembly at Toyota Kentucky,” according to a company press release.

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DOE LPO gives conditional $9.2B commitment to BlueOval SK for 3 battery plants for Ford EVs

Green Car Congress

Together, the plants, one located in Tennessee and two in Kentucky, will enable more than 120 GWh of US battery production annually. The project is expected to create a total of approximately 5,000 constructions jobs in Tennessee and Kentucky, and 7,500 operations jobs once the plants are up and running.

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DOE awarding $1.6B to 11 battery materials separation and processing projects as part of $2.8B funding

Green Car Congress

billion will go to 11 projects in the materials separation and processing segment of the supply chain. Anovion , Scaling the Domestic, US Owned and Operated Anode Supply Chain for Synthetic Graphite, $117,000,000. It will produce enough material to supply more than 250,000 electric vehicles annually. Of that, $1.6

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AESC breaks ground on 30 GWh EV battery factory in South Carolina

Green Car Congress

The new 30 GWh battery plant builds on AESC’s existing battery manufacturing network that includes a plant in operation in Tennessee and another plant under construction in Kentucky. Under the agreement, AESC will supply battery cells for next-generation electric vehicle models produced at BMW’s Spartanburg plant.