# Envision AESC to invest $3.1B in second EV battery plant in Florence, South Carolina

Envision Automotive Energy Supply Co. will invest $3.1 billion and employ 2,700 people to construct a second electric vehicle battery manufacturing facility adjacent to its first building in Florence, South Carolina. Production is expected to start in 2027.

- Type: Expansion
- Announced: 2024-03-26
- Where: Florence, South Carolina, United States
- Value: $3.10B
- Jobs: 2,700
- Starts operating: 2027
- Status: announced
- Products: electric vehicle battery cells
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Envision Automotive Energy Supply Co.](https://endata.com/companies/76433.md)
- [BMW](https://endata.com/companies/13009.md) (partner)

## Sources

- [scdailygazette.com](https://scdailygazette.com/2024/03/26/florence-battery-cell-company-to-invest-3b-employ-2700/), 2024-03-26: "AESC's second expansion in less than four months in Florence County signals yet another vote of confidence in our state and our people."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.