Bowling Green will be the home of a two-billion-dollar investment in vehicle battery technology. Envision A-E-S-C, a Japanese firm, is building a Gigafactory in Warren County and creating 2000 jobs. In making the announcement in the State Capitol Wednesday Governor Beshear said the car battery manufacturer carries a green emphasis.
“And Envision’s new gigafactory isn’t just leading the way on green-tech EV’S, the production facility itself will be powered by 100% renewable energy,” said Beshear.
The company will produce new generation battery cells with 30% more energy density than the current generation, reduced charging time, and increased range. The plant is expected to produce batteries to power 300,000 vehicles annually by 2027.
Bowling Green Mayor Todd Alcott said the job impact will go beyond the 2000 workers at the factory.
“Envision AESC’s investment will have a substantial economic impact on our community, but the total impact of over 13 billion creating for southcentral Kentucky, 5249 jobs complete,” said Alcott.
The plant, at about three million square feet, will be one of the largest economic projects in the Commonwealth’s history. The new partnership with the Japanese firm provides up to $116.8 million from state incentive programs and up to $5 million grants-in-aid for skills training.
