Florence, South Carolina — According to state and local development sources, AESC plans to invest $810,000,000.00 to expand in Florence. The company is creating 450 new jobs at this facility. The company plans to occupy the new space in Florence, on or about January 1, 2025. According to the company website AESC Group a global leader in the development and manufacturing of high-performance batteries for electric vehicles and energy storage systems. The Company’s leading-edge technology and strong global presence are enabling and accelerating the world’s transition to a sustainable future. Incorporated and headquartered in Japan, AESC has a globally diversified platform with centers of innovation and major production facilities in the U.S., U.K., France, Spain, China and Japan. AESC batteries have been installed in over 950,000 electric vehicles and lead the industry with outstanding safety and quality records. We are proud that our lithium-ion batteries have a zero rate of critical malfunction, and AESC will continue this tradition of excellence as we move forward with the development of our next-generation batteries.

To learn more about AESC, visit http://www.aesc-group.com/

Company Contact:
Shoichi Matsumoto, Chief Executive Officer
s.matsumoto@aesc-group.com
615-751-3539

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