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BMW Battery Supplier Invests $810 Million in South Carolina Plant.

Authors :
Coppola, Gabrielle
Source :
Bloomberg.com; 12/6/2022, pN.PAG-N.PAG, 1p
Publication Year :
2022

Abstract

(Bloomberg) -- Envision AESC, a former battery unit of Nissan Motor Co., is investing $810 million to build a new battery manufacturing plant in Florence, South Carolina, to supply BMW AG. The battery manufacturer will make customized cylindrical lithium-ion cells with a nickel cobalt manganese chemistry for BMW's Neue Klasse, its next generation electric vehicles, at the new plant. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
160625850