Two more EV manufacturers announced plans for new U.S. battery plants this week. Envision AESC will be spending $810 million to build an EV battery plant in Florence, SC, and Hyundai want to invest approximately $4 billion to $5 billion in a battery factory in Georgia’s Bartow County.
The post on www.scnow.com said the Envision AESC plant will supply BMW EVs that will be produced at its Spartanburg, SC, factory. Hyundai has a $5.54-billion EV plant underway in Georgia’s Bryan County, according to a Reuters report.