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South Carolina Incentivizes Electric Vehicle and Battery Production

Started by Epoch-Times-Bot, Dec 06, 2022, 07:00 PM

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Epoch-Times-Bot

Dec 06, 2022, 07:00 PM
South Carolina Incentivizes Electric Vehicle and Battery Production

South Carolina has joined the growing list of states that are incentivizing the production of electric vehicles and their batteries.
On Dec. 6, Republican Gov. Henry McMaster and Envision Automotive Energy Supply Company—a Japanese electric vehicle battery technology company—announced an $810 million investment in Florence County to build a battery cell plant that McMaster said will create 1,170 jobs while fulfilling a multi-year partnership with the BMW Group.
In October, the BMW Group announced a $1.7 billion investment in its U.S. operations, including $1 billion to prepare for the manufacturing of electric vehicles at its Plant Spartanburg in South Carolina, as well as an investment of $700 million to build a battery assembly facility in Woodruff....

Source: South Carolina Incentivizes Electric Vehicle and Battery Production

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