Envision AESC, a world leading Japanese electric vehicle battery technology 
company, announces a new multi-year partnership with BMW Group to supply latest 
innovation battery cells for the global brand's next generation electric 
vehicles.

To support production, Envision AESC has committed to invest in a dedicated new 
30GWh battery manufacturing plant in South Carolina, which will be powered by 
100 per cent net zero carbon energy. Work is currently underway by the company 
to finalize a suitable site close to BMW Group's vehicle production and battery 
assembly facilities.

As part of the agreement, Envision AESC will supply technology-leading battery 
cells that result in 20 per cent more energy density, faster charging speeds 
and an extended range of up to 30 per cent for electric models produced in BMW 
Group's Spartanburg plant by 2030.

The new battery plant builds on an existing battery manufacture plant in 
Tennessee and a plant under construction in Kentucky, providing up to 70GWh 
capacity nationally and powering the US' move to electric vehicles. Envision 
AESC's growing footprint in the US continues to drive technology and innovation 
advancement, supply chain development of EV battery production and 
cost-competitiveness, making electric vehicles more affordable and accessible 
for a mainstream US market.

Shoichi Matsumoto, Chief Executive Officer of Envision AESC, said: "We are 
delighted to partner with BMW Group as part of the next stage of growth of our 
US business. Our new 30GWh battery plant in South Carolina will harness 
state-of-the-art technology to create denser, lighter and more powerful 
batteries that travel further, faster without the need to charge. As we embark 
on this next stage of our journey, we are as committed as ever to working with 
our customers and strategic partners to drive innovation and continually push 
the boundaries of performance, safety and efficiency."

"We are delighted to have found a partner in Envision AESC that will supply our 
plant in Spartanburg with high-performance battery cells going forward. The new 
round cell specially designed for the electric architecture of our next 
generation models will allow us to improve range, driving performance and 
reduce charging time," said Joachim Post, member of the Board of Management of 
BMW AG responsible for Purchasing and Supplier Network. "At the same time, both 
our companies are firmly committed to sustainable, environmentally responsible 
action."

As part of the company's global commitment to sustainability, Envision AESC 
will leverage leading net-zero system solutions from across the business, 
including renewable energy generation, carbon reduction through AIoT energy 
management systems and battery recycling to accelerate carbon neutrality across 
the whole battery value chain.

Envision AESC is committed to sourcing critical battery components cobalt, 
lithium and nickel from certified mines, providing full transparency of 
extraction methods and ensuring responsible mining. The company increasingly 
relies on recycled materials, which will contribute to a reduction in CO2 
emissions from cell production in the new plant.  

Jeff Deaton, Managing Director of Envision AESC in the US, said: "This project 
represents a shared vision by Envision AESC and BMW Group to accelerate the 
global transition to carbon neutral transportation. Our planned new battery 
plant in South Carolina and supporting ecosystem will provide a catalyst for 
further investment in the local supply chain and whole life cycle opportunities 
of batteries, renewable energy systems and digital solutions to support the US' 
decarbonization, growth and renewal agenda. It will generate thousands of high 
value green jobs across the whole battery lifecycle, from storage and 
repurposing to smart charging and closed loop recycling. We are extremely 
excited to get started."

Since its launch in 2007, Envision AESC has invested heavily in technology R&D 
to support growth, establishing 12 manufacturing sites worldwide as the company 
advances its commitment to reach 300GWh globally by 2026. It continues to focus 
on future generation technology to drive innovation that delivers pioneering 
batteries with high performance, maximum efficiency and a 100% safety record to 
date.

About Envision AESC

Envision AESC is a global battery technology company headquartered in Zama, 
Japan, and committed to research, development, design, manufacturing and sales 
of power batteries for EVs and energy storage batteries. Envision AESC has 
5,600 employees and 12 manufacturing sites in Japan, U.S., U.K., France, Spain 
and China. In the past 12 years, Envision AESC has produced power batteries for 
more than 650,000 electric vehicles in 44 countries, achieving a record of 
'zero critical battery malfunction'.

Its teams work to continuously improve the company's global leadership in 
product development, quality and sustainable processes. In June 2021, Envision 
AESC was again named 'Global Tier 1 Battery Companies' by Benchmark, a leading 
UK-based lithium-ion battery supply chain research organization. Visit 
https://www.envision-aesc.com/jp/


source: Envision AESC