Bmw Plant Coming To Florence Sc
Dive Brief: Electric vehicle battery cell maker AESC plans to spend $1.5 billion to expand its lithium-ion battery manufacturing site in Florence County, South Carolina, the company announced Tuesday. The BMW supplier will build a second EV battery production facility and create an additional 1,080 jobs. Operations are expected to begin in 2027.
FILE - AESC, an electric car battery maker, said Thursday, June 5, 2025, that the company is hitting pause on construction of the company's $1.6 billion facility in Florence County. The company will make battery cells for BMW's Spartanburg manufacturing plant. (AP Photo/Matthias Schrader) "AESC.
The expansion comes as the company enters a multi. Politics Cast a Shadow Over Progress The Florence plant is part of a larger strategy by BMW and AESC to localize battery production for upcoming Neue Klasse EVs. The Envision AESC plant in Florence is expected to produce battery cells for BMW, which will assemble them in its own $700-million battery facility in nearby Woodruff, S.C.
A company that is building electric vehicle batteries for BMW is pouring an additional $1.5 billion into it planned Florence County operations. AESC announced Tuesday that it will expand its. Battery tech firm AESC is partnered with BMW, and it broke ground today on a 30 GWh EV battery factory in Florence County, South Carolina.
AESC Group is investing $810 million in Florence County, South Carolina to build a state-of-the-art 30GWh gigafactory. AESC Group's plant development will supply next generation battery technology to power the next generation electric vehicle models produced at the BMW Group's Spartanburg plant. AESC's first facility located in Florence is still on schedule to open in 2026 and will employ 1,620 workers.
It's also expected to make a big impact in South Carolina as it will produce parts for the BMW plant in Spartanburg. The second facility that has been canceled was set to produce parts for a BMW plant in Mexico. The AESC Florence site supports the Company's multi-year partnership with BMW Group, announced in October 2022.
Under the agreement, AESC will supply technology-leading battery cells for next generation electric vehicle models produced at BMW's Spartanburg plant.