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EV battery maker Envision AESC to build 2nd plant in U.S.

$2bn facility part of former Nissan venture's push to shed reliance on automaker

Envision AESC already operates an EV battery plant in the state of Tennessee. (Photo courtesy of the company)

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.

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