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30GWh Envision Gigafactory coming to Bowling Green Frankfort, KY - Envision AESC, a world-leading Japanese electric vehicle battery technology company, along with Gov. Andy Beshear, announced on Wednesday its $2 billion investment to build a new, state-of-the-art gigafactory in the Kentucky Transpark in Bowling Green. The 30GWh plant will create 2,000 skilled jobs in the region, producing battery cells and modules to power the next generation EVs produced for multiple global automotive manufacturers. Gov. Beshear said: "We are thrilled that Envision AESC - the world's leading EV battery technology company - has picked Kentucky. Envision AESC is making the second largest economic development investment Kentucky has ever seen, investing $2billion to build a new, state-of-the-art EV battery gigafactory in Bowling Green. Even better: This project will create 2,000 great jobs of the future for residents in the Warren County region. And with this investment Envision AESC will generate a 30GWh site, which increases Kentucky's production to 116GWh, making the commonwealth the nation's top producer of electric vehicle batteries." The plant will be approximately 3 million square feet and marks one of the largest economic projects in the commonwealth's history. Selected for its strong automotive manufacturing base, skilled workforce and excellent infrastructure, Kentucky is already the nation's No. 1 producer of cars, light trucks and SUVs per capita and the center of Auto Alley in the U.S. The new strategic partnership with Kentucky provides up to $116.8 million from state incentive programs and up to $5 million grant-in-aid for skills training. This story was posted on 2022-04-14 22:11:14
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