TOKYO -- Japan-based electric vehicle battery maker Envision AESC Group said Thursday it will spend $2 billion to build a second plant in the U.S. supplying next-generation batteries to automakers.
The company, which has mostly supplied Nissan Motors, plans to begin construction on the Kentucky factory as soon as this year. The plant will become operational as early as 2025 and is anticipated to create about 2,000 jobs. Envision AESC CEO Shoichi Matsumoto outlined the plans during an appearance in the U.S. state.
